International Petroleum (IPCO.TO)

Net assets on the balance sheet as of September 2024 : $1.04 Billion USD

According to International Petroleum's latest financial reports the company has $1.04 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$$1.08 B	11.91%
2022-12-31	$$0.96 B	13.9%
2021-12-31	$$0.84 B	19.63%
2020-12-31	$$0.70 B	-10.41%
2019-12-31	$$0.79 B	13.66%
2018-12-31	$$0.69 B	126.68%
2017-12-31	$$0.30 B	-24.23%
2016-12-31	$$0.40 B	-31.64%
2015-12-31	$$0.59 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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International Petroleum (IPCO.TO) - Net assets