Equitrans Midstream (ETRN)

Net assets on the balance sheet as of June 2024 : A$3.29 Billion

According to Equitrans Midstream 's latest financial reports the company has A$3.29 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Equitrans Midstream - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$3.21 B	5.05%
2022-12-31	$A$3.05 B	-16.5%
2021-12-31	$A$3.66 B	-35.48%
2020-12-31	$A$5.67 B	-24.79%
2019-12-31	$A$7.54 B	1.05%
2018-12-31	$A$7.46 B	-6.57%
2017-12-31	$A$7.99 B	80.42%
2016-12-31	$A$4.42 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NextDecade Corp NEXT	A$2.95 B	-10.30%	🇺🇸 USA
Kinder Morgan KMI	A$47.93 B	1,353.84%	🇺🇸 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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Equitrans Midstream (ETRN) - Net assets

Net assets on the balance sheet as of June 2024 : A$3.29 Billion