Vitesse Energy (VTS)

Net assets on the balance sheet as of June 2024 : C$0.72 Billion

According to Vitesse Energy's latest financial reports the company has C$0.72 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	$C$0.72 B	-6.13%
2022-12-31	$C$0.77 B	24.69%
2021-12-31	$C$0.61 B
2021-11-30	$C$0.63 B	-0.54%
2020-11-30	$C$0.63 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