SBI Life Insurance (SBILIFE.NS)

Net assets on the balance sheet as of September 2024 : $1.94 Billion USD

According to SBI Life Insurance's latest financial reports the company has $1.94 Billion USD 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	$$1.58 B	3.45%
2022-03-31	$$1.53 B	8.24%
2021-03-31	$$1.41 B	22.12%
2020-03-31	$$1.15 B	6.28%
2019-03-31	$$1.09 B	8.83%
2018-03-31	$$1.00 B	16.99%
2017-03-31	$$0.85 B	20.16%
2016-03-31	$$0.71 B	9.9%
2015-03-31	$$0.64 B	15.7%
2014-03-31	$$0.56 B	11.27%
2013-03-31	$$0.50 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