Genie Energy (GNE) - Net assets

Net assets on the balance sheet as of September 2024 : A$0.31 Billion

According to Genie Energy 's latest financial reports the company has A$0.31 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Genie Energy - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.27 B	6.13%
2022-12-31	$A$0.25 B	66.98%
2021-12-31	$A$0.15 B	36.51%
2020-12-31	$A$0.11 B	-3.15%
2019-12-31	$A$0.11 B	-12.12%
2018-12-31	$A$0.13 B	52.97%
2017-12-31	$A$85.98 M	-22.39%
2016-12-31	$A$0.11 B	-29.63%
2015-12-31	$A$0.15 B	7.97%
2014-12-31	$A$0.14 B	11.8%
2013-12-31	$A$0.13 B	14.77%
2012-12-31	$A$0.11 B	-3.14%
2011-12-31	$A$0.11 B
2011-07-31	$A$37.79 M	-0.29%
2010-07-31	$A$37.9 M	7.29%
2009-07-31	$A$35.33 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Exelon Corporation EXC	A$42.59 B	13,341.28%	🇺🇸 USA
NiSource NI	A$16.87 B	5,226.53%	🇺🇸 USA
UGI Corporation UGI	A$7.25 B	2,190.72%	🇺🇸 USA
FirstEnergy FE	A$21.70 B	6,750.20%	🇺🇸 USA
Consolidated Edison ED	A$34.74 B	10,865.32%	🇺🇸 USA
National Fuel Gas NFG	A$4.35 B	1,274.44%	🇺🇸 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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