Technip Energies (TE.PA)

Net assets on the balance sheet as of December 2023 : £1.66 Billion

According to Technip Energies's latest financial reports the company has £1.66 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Technip Energies - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$£1.69 B	9.97%
2022-12-31	$£1.53 B	21.82%
2021-12-31	$£1.26 B	-23.29%
2020-12-31	$£1.64 B	8.08%
2019-12-31	$£1.52 B	-1.59%
2018-12-31	$£1.54 B	-21.82%
2017-12-31	$£1.98 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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Technip Energies (TE.PA) - Net assets