Avangrid (AGR) - Net assets

Net assets on the balance sheet as of September 2024 : HK$160.90 Billion

According to Avangrid's latest financial reports the company has HK$160.90 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Avangrid - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$161.48 B	1.6%
2022-12-31	$HK$158.93 B	2.11%
2021-12-31	$HK$155.64 B	26.87%
2020-12-31	$HK$122.68 B	1.38%
2019-12-31	$HK$121.01 B	0.33%
2018-12-31	$HK$120.61 B	2.27%
2017-12-31	$HK$117.94 B	0.01%
2016-12-31	$HK$117.93 B	0.99%
2015-12-31	$HK$116.77 B	20.66%
2014-12-31	$HK$96.77 B	821.64%
2013-12-31	$HK$10.50 B	21.29%
2012-12-31	$HK$8.65 B	1.78%
2011-12-31	$HK$8.50 B	1.56%
2010-12-31	$HK$8.37 B	88.11%
2009-12-31	$HK$4.45 B	21.4%
2008-12-31	$HK$3.66 B	1.3%
2007-12-31	$HK$3.62 B	1.06%
2006-12-31	$HK$3.58 B	-15.16%
2005-12-31	$HK$4.22 B	-0.93%
2004-12-31	$HK$4.26 B	11.57%
2003-12-31	$HK$3.81 B	1.54%
2002-12-31	$HK$3.76 B	-3.52%
2001-12-31	$HK$3.89 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NRG Energy NRG	HK$28.17 B	-82.49%	🇺🇸 USA
MGE Energy MGEE	HK$9.08 B	-94.36%	🇺🇸 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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