International Petroleum (IPCO.TO)

Net assets on the balance sheet as of June 2024 : A$1.55 Billion

According to International Petroleum's latest financial reports the company has A$1.55 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

International Petroleum - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$1.58 B	11.77%
2022-12-31	$A$1.41 B	21.34%
2021-12-31	$A$1.16 B	26.89%
2020-12-31	$A$0.92 B	-18.43%
2019-12-31	$A$1.12 B	14.36%
2018-12-31	$A$0.98 B	151.21%
2017-12-31	$A$0.39 B	-30.04%
2016-12-31	$A$0.56 B	-30.92%
2015-12-31	$A$0.81 B

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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International Petroleum (IPCO.TO) - Net assets