Torrent Power (TORNTPOWER.NS)

Net assets on the balance sheet as of March 2024 : NZ$2.53 Billion

According to Torrent Power's latest financial reports the company has NZ$2.53 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Torrent Power - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$2.23 B	18.2%
2022-03-31	$NZ$1.88 B	-5.14%
2021-03-31	$NZ$1.99 B	-1.86%
2020-03-31	$NZ$2.02 B	6.34%
2019-03-31	$NZ$1.90 B	15.93%
2018-03-31	$NZ$1.64 B	7.85%
2017-03-31	$NZ$1.52 B	7.5%
2016-03-31	$NZ$1.41 B	11.75%
2015-03-31	$NZ$1.26 B	5.64%
2014-03-31	$NZ$1.20 B	-10.96%
2013-03-31	$NZ$1.34 B	-2.7%
2012-03-31	$NZ$1.38 B	-1.87%
2011-03-31	$NZ$1.41 B	12.35%
2010-03-31	$NZ$1.25 B	10.23%
2009-03-31	$NZ$1.14 B	23.34%
2008-03-31	$NZ$0.92 B	5.68%
2007-03-31	$NZ$0.87 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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Torrent Power (TORNTPOWER.NS) - Net assets