IDFC FIRST Bank (IDFCFIRSTB.NS)

Net assets on the balance sheet as of September 2024 : NZ$7.53 Billion

According to IDFC FIRST Bank 's latest financial reports the company has NZ$7.53 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

IDFC FIRST Bank - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$5.02 B	25.9%
2022-03-31	$NZ$3.98 B	14.43%
2021-03-31	$NZ$3.48 B	2.53%
2020-03-31	$NZ$3.39 B	-11.78%
2019-03-31	$NZ$3.85 B	18.93%
2018-03-31	$NZ$3.23 B	0.16%
2017-03-31	$NZ$3.23 B	8.71%
2016-03-31	$NZ$2.97 B	-550509.51%
2015-03-31	$-NZ$0.55 Million

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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IDFC FIRST Bank (IDFCFIRSTB.NS) - Net assets