Torrent Power (TORNTPOWER.NS)

Net assets on the balance sheet as of March 2024 : $1.51 Billion USD

According to Torrent Power's latest financial reports the company has $1.51 Billion USD 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	$$1.39 B	6.31%
2022-03-31	$$1.31 B	-5.43%
2021-03-31	$$1.39 B	14.18%
2020-03-31	$$1.21 B	-6.05%
2019-03-31	$$1.29 B	8.91%
2018-03-31	$$1.19 B	11.5%
2017-03-31	$$1.06 B	9.06%
2016-03-31	$$0.97 B	2.84%
2015-03-31	$$0.95 B	-8.59%
2014-03-31	$$1.04 B	-7.8%
2013-03-31	$$1.13 B	-0.76%
2012-03-31	$$1.13 B	5.71%
2011-03-31	$$1.07 B	21.1%
2010-03-31	$$0.88 B	39.12%
2009-03-31	$$0.63 B	-11.97%
2008-03-31	$$0.72 B	15.92%
2007-03-31	$$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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Torrent Power (TORNTPOWER.NS) - Net assets