Cardinal Energy (CJ.TO)

Net assets on the balance sheet as of June 2024 : A$1.03 Billion

According to Cardinal Energy's latest financial reports the company has A$1.03 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Cardinal Energy - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$1.01 B	1.67%
2022-12-31	$A$1.00 B	28.74%
2021-12-31	$A$0.77 B	104.7%
2020-12-31	$A$0.38 B	-52.87%
2019-12-31	$A$0.80 B	-2.3%
2018-12-31	$A$0.82 B	8.1%
2017-12-31	$A$0.76 B	13.68%
2016-12-31	$A$0.67 B	-0.18%
2015-12-31	$A$0.67 B	-14.5%
2014-12-31	$A$0.78 B	121.98%
2013-12-31	$A$0.35 B	497.98%
2012-12-31	$A$59.32 M

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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Cardinal Energy (CJ.TO) - Net assets