Patterson-UTI Energy (PTEN) - Net assets

Net assets on the balance sheet as of September 2024 : A$5.65 Billion

According to Patterson-UTI Energy's latest financial reports the company has A$5.65 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Patterson-UTI Energy - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$7.07 B	189.1%
2022-12-31	$A$2.44 B	10.25%
2021-12-31	$A$2.22 B	-15.33%
2020-12-31	$A$2.62 B	-35.22%
2019-12-31	$A$4.04 B	-18.66%
2018-12-31	$A$4.97 B	-2.45%
2017-12-31	$A$5.10 B	63.52%
2016-12-31	$A$3.11 B	-11.26%
2015-12-31	$A$3.51 B	-0.98%
2014-12-31	$A$3.55 B	14.92%
2013-12-31	$A$3.08 B	21.59%
2012-12-31	$A$2.54 B	3.53%
2011-12-31	$A$2.45 B	13.97%
2010-12-31	$A$2.15 B	-7.06%
2009-12-31	$A$2.31 B	-23.13%
2008-12-31	$A$3.01 B	39.01%
2007-12-31	$A$2.16 B	9.41%
2006-12-31	$A$1.98 B	6.09%
2005-12-31	$A$1.86 B	50.36%
2004-12-31	$A$1.24 B	12.66%
2003-12-31	$A$1.10 B	-15.76%
2002-12-31	$A$1.30 B	-2.77%
2001-12-31	$A$1.34 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Nabors Industries NBR	A$1.95 B	-65.45%	🇧🇲 Bermuda
Helmerich & Payne HP	A$4.61 B	-18.33%	🇺🇸 USA
Transocean RIG	A$16.18 B	186.34%	🇨🇭 Switzerland

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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