Forum Energy Technologies (FET) - Net assets

Net assets on the balance sheet as of September 2024 : HK$3.44 Billion

According to Forum Energy Technologies 's latest financial reports the company has HK$3.44 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Forum Energy Technologies - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$3.22 B	34.34%
2022-12-31	$HK$2.39 B	-6.52%
2021-12-31	$HK$2.56 B	-18.51%
2020-12-31	$HK$3.14 B	-16.8%
2019-12-31	$HK$3.78 B	-53.08%
2018-12-31	$HK$8.06 B	-26.72%
2017-12-31	$HK$11.00 B	14.88%
2016-12-31	$HK$9.58 B	-1.67%
2015-12-31	$HK$9.74 B	-9.99%
2014-12-31	$HK$10.82 B	4.91%
2013-12-31	$HK$10.32 B	14.57%
2012-12-31	$HK$9.00 B	77.03%
2011-12-31	$HK$5.08 B	41.2%
2010-12-31	$HK$3.60 B	15.51%
2009-12-31	$HK$3.11 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NOV NOV	HK$50.65 B	1,369.12%	🇺🇸 USA
TechnipFMC FTI	HK$25.64 B	643.85%	🇬🇧 UK
Dril-Quip DRQ	HK$6.62 B	92.21%	🇺🇸 USA
Schlumberger SLB	HK$176.66 B	5,024.34%	🇺🇸 USA
Helix Energy Solutions HLX	HK$12.20 B	254.11%	🇺🇸 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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