Cardinal Energy (CJ.TO)

Net assets on the balance sheet as of June 2024 : A$1.00 B

According to Cardinal Energy's latest financial reports the company has A$1.00 B 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	28.22%
2021-12-31	$A$0.78 B	105.99%
2020-12-31	$A$0.37 B	-53.14%
2019-12-31	$A$0.80 B	-1.79%
2018-12-31	$A$0.82 B	7.91%
2017-12-31	$A$0.76 B	13.68%
2016-12-31	$A$0.67 B	-0.08%
2015-12-31	$A$0.67 B	-14.46%
2014-12-31	$A$0.78 B	121.52%
2013-12-31	$A$0.35 B	498.34%
2012-12-31	$A$59.33 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