Navitas Petroleum (NVPT.TA)

Net assets on the balance sheet as of June 2024 : ₹38.94 B

According to Navitas Petroleum's latest financial reports the company has ₹38.94 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Navitas Petroleum - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹31.70 B	9.66%
2022-12-31	$₹28.91 B	35.97%
2021-12-31	$₹21.26 B	240.84%
2020-12-31	$₹6.23 B	274%
2019-12-31	$₹1.66 B	-1493.36%
2018-12-31	$-₹0.12 B	-114.83%
2017-12-31	$₹0.80 B	-190.56%
2016-12-31	$-₹0.9 B	632.31%
2015-12-31	$-₹0.13 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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Navitas Petroleum (NVPT.TA) - Net assets