Azure Power (AZREF) - Net Assets

Net assets on the balance sheet as of March 2024 : S$0.50 Billion

According to Azure Power 's latest financial reports the company has S$0.50 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Azure Power - Net assets on balance sheet (from 2015 to 2022)

Net assets by year

Year	Net assets	Change
2022-03-31	$S$0.70 B	57.85%
2021-03-31	$S$0.44 B	-12.74%
2020-03-31	$S$0.51 B	3.6%
2019-03-31	$S$0.49 B	85.27%
2018-03-31	$S$0.26 B	-14.61%
2017-03-31	$S$0.31 B	571.47%
2016-03-31	$S$46.63 M	758.12%
2015-03-31	$S$5.43 M	-215.5%
2014-03-31	$-S$4.71 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Pinnacle West Capital PNW	S$9.05 B	1,698.98%	🇺🇸 USA
PNM Resources PNM	S$3.15 B	526.32%	🇺🇸 USA

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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Azure Power (AZREF) - Net assets

Net assets on the balance sheet as of March 2024 : S$0.50 Billion