Navitas Petroleum (NVPT.TA)

Net assets on the balance sheet as of June 2024 : $0.46 Billion USD

According to Navitas Petroleum's latest financial reports the company has $0.46 Billion USD 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	$$0.38 B	9%
2022-12-31	$$0.34 B	22.45%
2021-12-31	$$0.28 B	233.92%
2020-12-31	$$85.44 M	264.62%
2019-12-31	$$23.43 M	-1461.65%
2018-12-31	$-$1.73 Million	-113.61%
2017-12-31	$$12.64 M	-196.38%
2016-12-31	$-$13.12 Million	616.05%
2015-12-31	$-$1.84 Million

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