NexTier Oilfield (NEX) - Net assets

Net assets on the balance sheet as of June 2023 : A$1.82 Billion

According to NexTier Oilfield 's latest financial reports the company has A$1.82 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

NexTier Oilfield - Net assets on balance sheet (from 2015 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$1.16 B	53.84%
2021-12-31	$A$0.75 B	4.11%
2020-12-31	$A$0.72 B	-42.78%
2019-12-31	$A$1.26 B	83.15%
2018-12-31	$A$0.69 B	5.22%
2017-12-31	$A$0.65 B	191.98%
2016-12-31	$A$0.22 B	104.56%
2015-12-31	$A$0.11 B	-38.59%
2014-12-31	$A$0.17 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PEDEVCO PED	A$0.17 B	-90.57%	🇺🇸 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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