SBI Life Insurance (SBILIFE.NS)

Net assets on the balance sheet as of September 2024 : NZ$3.43 Billion

According to SBI Life Insurance's latest financial reports the company has NZ$3.43 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SBI Life Insurance - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$2.52 B	15.01%
2022-03-31	$NZ$2.19 B	8.57%
2021-03-31	$NZ$2.02 B	4.96%
2020-03-31	$NZ$1.92 B	20.29%
2019-03-31	$NZ$1.60 B	15.84%
2018-03-31	$NZ$1.38 B	13.17%
2017-03-31	$NZ$1.22 B	18.44%
2016-03-31	$NZ$1.03 B	19.42%
2015-03-31	$NZ$0.86 B	33.71%
2014-03-31	$NZ$0.64 B	7.45%
2013-03-31	$NZ$0.60 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 Life Insurance (SBILIFE.NS) - Net assets