SBI Card (SBICARD.NS)

Net assets on the balance sheet as of September 2024 : NZ$2.77 Billion

According to SBI Card's latest financial reports the company has NZ$2.77 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SBI Card - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$1.90 B	30.2%
2022-03-31	$NZ$1.46 B	19.53%
2021-03-31	$NZ$1.22 B	4.11%
2020-03-31	$NZ$1.17 B	55.18%
2019-03-31	$NZ$0.75 B	52.18%
2018-03-31	$NZ$0.49 B	56.32%
2017-03-31	$NZ$0.31 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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SBI Card (SBICARD.NS) - Net assets