L&T Technology Services (LTTS.NS)

Net assets on the balance sheet as of September 2024 : NZ$1.19 Billion

According to L&T Technology Services's latest financial reports the company has NZ$1.19 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

L&T Technology Services - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$0.96 B	22.18%
2022-03-31	$NZ$0.79 B	16.49%
2021-03-31	$NZ$0.67 B	10.73%
2020-03-31	$NZ$0.61 B	16.55%
2019-03-31	$NZ$0.52 B	27.92%
2018-03-31	$NZ$0.41 B	25.51%
2017-03-31	$NZ$0.32 B	40.73%
2016-03-31	$NZ$0.23 B	6.36%
2015-03-31	$NZ$0.21 B

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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L&T Technology Services (LTTS.NS) - Net assets