International Petroleum (IPCO.TO)

Net assets on the balance sheet as of September 2024 : C$1.47 Billion

According to International Petroleum's latest financial reports the company has C$1.47 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

International Petroleum - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$1.43 B	9.38%
2022-12-31	$C$1.30 B	21.27%
2021-12-31	$C$1.08 B	19.57%
2020-12-31	$C$0.90 B	-12.54%
2019-12-31	$C$1.03 B	8.97%
2018-12-31	$C$0.94 B	145.61%
2017-12-31	$C$0.38 B	-29.11%
2016-12-31	$C$0.54 B	-33.78%
2015-12-31	$C$0.82 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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International Petroleum (IPCO.TO) - Net assets