SBI Card (SBICARD.NS)

Net assets on the balance sheet as of September 2024 : S$2.12 Billion

According to SBI Card's latest financial reports the company has S$2.12 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SBI Card - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$S$1.58 B	14.98%
2022-03-31	$S$1.38 B	19.64%
2021-03-31	$S$1.15 B	14.6%
2020-03-31	$S$1.00 B	44.03%
2019-03-31	$S$0.70 B	47.88%
2018-03-31	$S$0.47 B	51.56%
2017-03-31	$S$0.31 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 Card (SBICARD.NS) - Net assets