Kinetik (KNTK) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$23.99 Billion

According to Kinetik's latest financial reports the company has HK$23.99 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Kinetik - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$20.51 B	15.54%
2022-12-31	$HK$17.75 B	126.17%
2021-12-31	$HK$7.85 B	-2.9%
2020-12-31	$HK$8.08 B	-45.83%
2019-12-31	$HK$14.92 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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Kinetik (KNTK) - Net assets