Genie Energy (GNE) - Net assets

Net assets on the balance sheet as of September 2024 : HK$1.55 Billion

According to Genie Energy 's latest financial reports the company has HK$1.55 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$1.44 B	6.21%
2022-12-31	$HK$1.35 B	57.05%
2021-12-31	$HK$0.86 B	29.46%
2020-12-31	$HK$0.66 B	5.87%
2019-12-31	$HK$0.63 B	-13.14%
2018-12-31	$HK$0.72 B	38.35%
2017-12-31	$HK$0.52 B	-15.32%
2016-12-31	$HK$0.61 B	-30.33%
2015-12-31	$HK$0.88 B	-3.96%
2014-12-31	$HK$0.92 B	2.61%
2013-12-31	$HK$0.90 B	-1.45%
2012-12-31	$HK$0.91 B	-2.03%
2011-12-31	$HK$0.93 B
2011-07-31	$HK$0.32 B	21.88%
2010-07-31	$HK$0.26 B	16.22%
2009-07-31	$HK$0.22 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Exelon Corporation EXC	HK$207.19 B	13,191.99%	🇺🇸 USA
NiSource NI	HK$80.38 B	5,057.03%	🇺🇸 USA
UGI Corporation UGI	HK$36.50 B	2,241.65%	🇺🇸 USA
FirstEnergy FE	HK$106.56 B	6,736.22%	🇺🇸 USA
Consolidated Edison ED	HK$170.43 B	10,833.37%	🇺🇸 USA
National Fuel Gas NFG	HK$24.23 B	1,454.54%	🇺🇸 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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