Northern Oil and Gas (NOG) - Net assets

Net assets on the balance sheet as of September 2024 : HK$18.01 Billion

According to Northern Oil and Gas's latest financial reports the company has HK$18.01 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Northern Oil and Gas - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$15.99 B	174.65%
2022-12-31	$HK$5.82 B	247.11%
2021-12-31	$HK$1.67 B	-196.91%
2020-12-31	$-HK$1.74 Billion	-139.79%
2019-12-31	$HK$4.35 B	29.25%
2018-12-31	$HK$3.36 B	-187.78%
2017-12-31	$-HK$3.84 Billion	1.46%
2016-12-31	$-HK$3.78 Billion	146.79%
2015-12-31	$-HK$1.54 Billion	-125.61%
2014-12-31	$HK$5.97 B	24.4%
2013-12-31	$HK$4.80 B	5.78%
2012-12-31	$HK$4.54 B	17.81%
2011-12-31	$HK$3.85 B	13.84%
2010-12-31	$HK$3.38 B	253.64%
2009-12-31	$HK$0.95 B	150.31%
2008-12-31	$HK$0.38 B	174.12%
2007-12-31	$HK$0.13 B	-48446.75%
2006-12-31	$-HK$0.29 Million	20.89%
2005-12-31	$-HK$0.24 Million	-29.4%
2004-12-31	$-HK$0.34 Million	224.34%
2003-12-31	$-HK$0.11 Million	26.35%
2002-12-31	$-HK$0.09 Million	39.77%
2001-12-31	$-HK$0.06 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Earthstone Energy ESTE	HK$20.10 B	11.60%	🇺🇸 USA
EOG Resources EOG	HK$230.23 B	1,178.32%	🇺🇸 USA

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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