Navitas Petroleum (NVPT.TA)

Net assets on the balance sheet as of September 2024 : ₹39.70 Billion

According to Navitas Petroleum's latest financial reports the company has ₹39.70 Billion 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	36.14%
2021-12-31	$₹21.23 B	239.85%
2020-12-31	$₹6.24 B	273.94%
2019-12-31	$₹1.67 B	-1488.69%
2018-12-31	$-₹0.13 Billion	-114.91%
2017-12-31	$₹0.80 B	-190.56%
2016-12-31	$-₹0.9 Billion	632.21%
2015-12-31	$-₹0.13 Billion

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