Gujarat Mineral Development (GMDCLTD.NS)

Net assets on the balance sheet as of March 2026 : C$1.07 Billion

According to Gujarat Mineral Development's latest financial reports the company has C$1.07 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Gujarat Mineral Development - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$C$0.95 B	20.22%
2022-03-31	$C$0.79 B	14.23%
2021-03-31	$C$0.69 B	-9.03%
2020-03-31	$C$0.76 B	-7.85%
2019-03-31	$C$0.82 B	-3.68%
2018-03-31	$C$0.86 B	4.86%
2017-03-31	$C$0.82 B	13.82%
2016-03-31	$C$0.72 B	-2.14%
2015-03-31	$C$0.73 B	39.56%
2014-03-31	$C$0.52 B	11.29%
2013-03-31	$C$0.47 B	18.28%
2012-03-31	$C$0.40 B	10.64%
2011-03-31	$C$0.36 B	14.74%
2010-03-31	$C$0.31 B	4.8%
2009-03-31	$C$0.30 B	11.82%
2008-03-31	$C$0.26 B	20.05%
2007-03-31	$C$0.22 B	8.91%
2006-03-31	$C$0.20 B	-3.37%
2005-03-31	$C$0.21 B	3.75%
2004-03-31	$C$0.20 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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Gujarat Mineral Development (GMDCLTD.NS) - Net assets