OceanPal (OP) - Net Assets

Net assets on the balance sheet as of June 2024 : A$0.12 Billion

According to OceanPal's latest financial reports the company has A$0.12 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

OceanPal - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.11 B	69.4%
2021-12-31	$A$66.41 M	44.66%
2020-12-31	$A$45.91 M	-7.8%
2019-12-31	$A$49.79 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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OceanPal (OP) - Net assets