Navitas Petroleum (NVPT.TA)

Net assets on the balance sheet as of September 2024 : HK$3.63 Billion

According to Navitas Petroleum's latest financial reports the company has HK$3.63 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Navitas Petroleum - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$2.97 B	8.95%
2022-12-31	$HK$2.72 B	22.7%
2021-12-31	$HK$2.22 B	235.88%
2020-12-31	$HK$0.66 B	262.94%
2019-12-31	$HK$0.18 B	-1454.21%
2018-12-31	$-HK$13.48 Million	-113.64%
2017-12-31	$HK$98.77 M	-197.1%
2016-12-31	$-HK$0.11 Billion	616.4%
2015-12-31	$-HK$14.2 Million

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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Navitas Petroleum (NVPT.TA) - Net assets