NexTier Oilfield (NEX) - Net assets

Net assets on the balance sheet as of June 2023 : HK$8.78 Billion

According to NexTier Oilfield 's latest financial reports the company has HK$8.78 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

NexTier Oilfield - Net assets on balance sheet (from 2015 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$6.17 B	44.7%
2021-12-31	$HK$4.26 B	-1.27%
2020-12-31	$HK$4.32 B	-37.45%
2019-12-31	$HK$6.90 B	81.03%
2018-12-31	$HK$3.81 B	-4.83%
2017-12-31	$HK$4.00 B	218.61%
2016-12-31	$HK$1.25 B	102.51%
2015-12-31	$HK$0.62 B	-45.38%
2014-12-31	$HK$1.13 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PEDEVCO PED	HK$0.82 B	-90.57%	🇺🇸 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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