Rural Electrification Corp (RECLTD.NS)

Net assets on the balance sheet as of September 2024 : $8.78 Billion USD

According to Rural Electrification Corp's latest financial reports the company has $8.78 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rural Electrification Corp - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$$7.07 B	4.61%
2022-03-31	$$6.76 B	13.57%
2021-03-31	$$5.95 B	26.93%
2020-03-31	$$4.69 B	-5.64%
2019-03-31	$$4.97 B	-0.59%
2018-03-31	$$5.00 B	5.24%
2017-03-31	$$4.75 B	9.23%
2016-03-31	$$4.35 B	8.54%
2015-03-31	$$4.01 B	15.38%
2014-03-31	$$3.47 B	7.65%
2013-03-31	$$3.22 B	12.28%
2012-03-31	$$2.87 B	0.02%
2011-03-31	$$2.87 B	16.01%
2010-03-31	$$2.47 B	103.25%
2009-03-31	$$1.21 B	-9.4%
2008-03-31	$$1.34 B	49.46%
2007-03-31	$$0.90 B	21.71%
2006-03-31	$$0.73 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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Rural Electrification Corp (RECLTD.NS) - Net assets