Confidence Petroleum (CONFIPET.NS)

Net assets on the balance sheet as of March 2024 : NZ$0.25 Billion

According to Confidence Petroleum's latest financial reports the company has NZ$0.25 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Confidence Petroleum - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$0.17 B	18.68%
2022-03-31	$NZ$0.14 B	35.46%
2021-03-31	$NZ$0.10 B	4.28%
2020-03-31	$NZ$0.10 B	18.33%
2019-03-31	$NZ$87.46 M	51.39%
2018-03-31	$NZ$57.77 M	31.89%
2017-03-31	$NZ$43.8 M	-16.86%
2016-03-31	$NZ$52.69 M	7.19%
2015-03-31	$NZ$49.15 M	-1.16%
2014-03-31	$NZ$49.73 M	-11.32%
2013-03-31	$NZ$56.08 M	7.7%
2012-03-31	$NZ$52.07 M	-17.37%
2011-03-31	$NZ$63.01 M	13.93%
2010-03-31	$NZ$55.31 M

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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Confidence Petroleum (CONFIPET.NS) - Net assets