Scorpio Tankers (STNG) - Net assets

Net assets on the balance sheet as of September 2024 : HK$22.10 Billion

According to Scorpio Tankers 's latest financial reports the company has HK$22.10 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Scorpio Tankers - Net assets on balance sheet (from 2008 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$19.58 B	36.74%
2021-12-31	$HK$14.32 B	-10.56%
2020-12-31	$HK$16.01 B	4.01%
2019-12-31	$HK$15.39 B	6.92%
2018-12-31	$HK$14.40 B	9.37%
2017-12-31	$HK$13.16 B	29.11%
2016-12-31	$HK$10.19 B	-6.93%
2015-12-31	$HK$10.95 B	21.5%
2014-12-31	$HK$9.01 B	-19.82%
2013-12-31	$HK$11.24 B	249.89%
2012-12-31	$HK$3.21 B	44.31%
2011-12-31	$HK$2.22 B	8.12%
2010-12-31	$HK$2.06 B	333.33%
2009-12-31	$HK$0.47 B	203.15%
2008-12-31	$HK$0.15 B	-25.2%
2007-12-31	$HK$0.20 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Tsakos Energy Navigation TNP	HK$13.08 B	-40.79%	🇬🇷 Greece
Teekay Tankers TNK	HK$13.58 B	-38.55%	🇨🇦 Canada
Ardmore Shipping ASC	HK$5.16 B	-76.62%	🇧🇲 Bermuda
Teekay TK	HK$15.59 B	-29.45%	🇨🇦 Canada

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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