Equitrans Midstream (ETRN)

Net assets on the balance sheet as of June 2024 : NZ$3.56 B

According to Equitrans Midstream 's latest financial reports the company has NZ$3.56 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Equitrans Midstream - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$3.46 B	5.59%
2022-12-31	$NZ$3.27 B	-15.46%
2021-12-31	$NZ$3.87 B	-36.11%
2020-12-31	$NZ$6.06 B	-22.52%
2019-12-31	$NZ$7.83 B	-0.09%
2018-12-31	$NZ$7.83 B	-10.78%
2017-12-31	$NZ$8.78 B	90.59%
2016-12-31	$NZ$4.60 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NextDecade Corp NEXT	NZ$2.06 B	-41.96%	🇺🇸 USA
Kinder Morgan KMI	NZ$51.22 B	1,338.46%	🇺🇸 USA

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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Equitrans Midstream (ETRN) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$3.56 B