Patterson-UTI Energy (PTEN) - Net assets

Net assets on the balance sheet as of September 2024 : HK$27.75 Billion

According to Patterson-UTI Energy's latest financial reports the company has HK$27.75 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Patterson-UTI Energy - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$37.64 B	189.32%
2022-12-31	$HK$13.01 B	3.69%
2021-12-31	$HK$12.55 B	-19.7%
2020-12-31	$HK$15.62 B	-29.18%
2019-12-31	$HK$22.06 B	-19.61%
2018-12-31	$HK$27.45 B	-11.78%
2017-12-31	$HK$31.11 B	78.43%
2016-12-31	$HK$17.43 B	-12.15%
2015-12-31	$HK$19.85 B	-11.93%
2014-12-31	$HK$22.53 B	5.46%
2013-12-31	$HK$21.37 B	4.41%
2012-12-31	$HK$20.46 B	4.72%
2011-12-31	$HK$19.54 B	14.81%
2010-12-31	$HK$17.02 B	5.47%
2009-12-31	$HK$16.14 B	-1.8%
2008-12-31	$HK$16.43 B	11.18%
2007-12-31	$HK$14.78 B	21.65%
2006-12-31	$HK$12.15 B	14.65%
2005-12-31	$HK$10.59 B	41.85%
2004-12-31	$HK$7.47 B	17.59%
2003-12-31	$HK$6.35 B	10.47%
2002-12-31	$HK$5.75 B	7.35%
2001-12-31	$HK$5.35 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Nabors Industries NBR	HK$9.58 B	-65.45%	🇧🇲 Bermuda
Helmerich & Payne HP	HK$22.66 B	-18.33%	🇺🇸 USA
Transocean RIG	HK$79.46 B	186.34%	🇨🇭 Switzerland

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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