Genie Energy (GNE) - Net assets

Net assets on the balance sheet as of September 2024 : ₹17.32 Billion

According to Genie Energy 's latest financial reports the company has ₹17.32 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Genie Energy - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹15.36 B	6.9%
2022-12-31	$₹14.36 B	74.25%
2021-12-31	$₹8.24 B	30.99%
2020-12-31	$₹6.29 B	9.08%
2019-12-31	$₹5.77 B	-10.93%
2018-12-31	$₹6.47 B	51.16%
2017-12-31	$₹4.28 B	-21.02%
2016-12-31	$₹5.42 B	-28.8%
2015-12-31	$₹7.62 B	0.77%
2014-12-31	$₹7.56 B	5.23%
2013-12-31	$₹7.18 B	11.16%
2012-12-31	$₹6.46 B	1.61%
2011-12-31	$₹6.36 B
2011-07-31	$₹1.83 B	15.77%
2010-07-31	$₹1.58 B	12.92%
2009-07-31	$₹1.40 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Exelon Corporation EXC	₹2.302 T	13,191.99%	🇺🇸 USA
NiSource NI	₹893.41 B	5,057.03%	🇺🇸 USA
UGI Corporation UGI	₹376.60 B	2,073.89%	🇺🇸 USA
FirstEnergy FE	₹1.184 T	6,736.22%	🇺🇸 USA
Consolidated Edison ED	₹1.894 T	10,833.37%	🇺🇸 USA
National Fuel Gas NFG	₹246.37 B	1,322.14%	🇺🇸 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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