OceanPal (OP) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$0.65 B

According to OceanPal's latest financial reports the company has HK$0.65 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$0.59 B	59.33%
2021-12-31	$HK$0.37 B	37.16%
2020-12-31	$HK$0.27 B	0.8%
2019-12-31	$HK$0.27 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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OceanPal (OP) - Net assets