Tejas Networks (TEJASNET.NS)

Net assets on the balance sheet as of March 2024 : NZ$0.62 Billion

According to Tejas Networks 's latest financial reports the company has NZ$0.62 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Tejas Networks - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$0.57 B	58.15%
2022-03-31	$NZ$0.36 B	65.35%
2021-03-31	$NZ$0.22 B	-7.42%
2020-03-31	$NZ$0.23 B	-14.66%
2019-03-31	$NZ$0.27 B	14.38%
2018-03-31	$NZ$0.24 B	87.01%
2017-03-31	$NZ$0.13 B	51.61%
2016-03-31	$NZ$86.18 M	22.04%
2015-03-31	$NZ$70.62 M	12.92%
2014-03-31	$NZ$62.54 M	-11.5%
2013-03-31	$NZ$70.67 M

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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Tejas Networks (TEJASNET.NS) - Net assets