Equitrans Midstream (ETRN)

Net assets on the balance sheet as of June 2024 : C$3.06 Billion

According to Equitrans Midstream 's latest financial reports the company has C$3.06 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Equitrans Midstream - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$2.90 B	2.8%
2022-12-31	$C$2.82 B	-16.55%
2021-12-31	$C$3.38 B	-39.19%
2020-12-31	$C$5.56 B	-19.36%
2019-12-31	$C$6.89 B	-3.71%
2018-12-31	$C$7.16 B	-8.66%
2017-12-31	$C$7.84 B	82.82%
2016-12-31	$C$4.29 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Kinder Morgan KMI	C$45.18 B	1,372.73%	🇺🇸 USA
NextDecade Corp NEXT	C$3.20 B	4.44%	🇺🇸 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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Equitrans Midstream (ETRN) - Net assets

Net assets on the balance sheet as of June 2024 : C$3.06 Billion