Vitesse Energy (VTS)

Net assets on the balance sheet as of September 2024 : £0.40 Billion

According to Vitesse Energy's latest financial reports the company has £0.40 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	$£0.42 B	-8.81%
2022-12-31	$£0.47 B	30.66%
2021-12-31	$£0.35 B
2021-11-30	$£0.37 B	1.5%
2020-11-30	$£0.36 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