SBI Life Insurance (SBILIFE.NS)

Net assets on the balance sheet as of September 2024 : S$2.63 Billion

According to SBI Life Insurance's latest financial reports the company has S$2.63 Billion 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	$S$2.10 B	1.57%
2022-03-31	$S$2.07 B	8.68%
2021-03-31	$S$1.90 B	15.54%
2020-03-31	$S$1.65 B	11.65%
2019-03-31	$S$1.47 B	12.56%
2018-03-31	$S$1.31 B	9.72%
2017-03-31	$S$1.19 B	24.26%
2016-03-31	$S$0.96 B	7.93%
2015-03-31	$S$0.89 B	26.4%
2014-03-31	$S$0.70 B	12.95%
2013-03-31	$S$0.62 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