Indonesia Energy (INDO)

Net assets on the balance sheet as of December 2023 : ₹1.23 B

According to Indonesia Energy's latest financial reports the company has ₹1.23 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Indonesia Energy - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹1.43 B	146%
2021-12-31	$₹0.58 B	-35.41%
2020-12-31	$₹0.90 B	-21.72%
2019-12-31	$₹1.15 B	226.62%
2018-12-31	$₹0.35 B	-128.51%
2017-12-31	$-₹1.24 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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Indonesia Energy (INDO) - Net assets