Vitesse Energy (VTS)

Net assets on the balance sheet as of June 2024 : A$0.78 Billion

According to Vitesse Energy's latest financial reports the company has A$0.78 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Vitesse Energy - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.80 B	-4.08%
2022-12-31	$A$0.83 B	24.76%
2021-12-31	$A$0.67 B
2021-11-30	$A$0.69 B	4.98%
2020-11-30	$A$0.66 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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Vitesse Energy (VTS) - Net assets