Genie Energy (GNE) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$0.35 Billion

According to Genie Energy 's latest financial reports the company has NZ$0.35 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Genie Energy - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.29 B	6.68%
2022-12-31	$NZ$0.27 B	68.62%
2021-12-31	$NZ$0.16 B	35.96%
2020-12-31	$NZ$0.11 B	-0.72%
2019-12-31	$NZ$0.12 B	-13.01%
2018-12-31	$NZ$0.13 B	46.15%
2017-12-31	$NZ$94.51 M	-18.02%
2016-12-31	$NZ$0.11 B	-31.2%
2015-12-31	$NZ$0.16 B	10.02%
2014-12-31	$NZ$0.15 B	7.59%
2013-12-31	$NZ$0.14 B	-1.38%
2012-12-31	$NZ$0.14 B	-6.86%
2011-12-31	$NZ$0.15 B
2011-07-31	$NZ$47.39 M	0.23%
2010-07-31	$NZ$47.29 M	6.45%
2009-07-31	$NZ$44.42 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Exelon Corporation EXC	NZ$47.33 B	13,191.99%	🇺🇸 USA
NiSource NI	NZ$18.36 B	5,057.03%	🇺🇸 USA
UGI Corporation UGI	NZ$7.74 B	2,073.89%	🇺🇸 USA
FirstEnergy FE	NZ$24.34 B	6,736.22%	🇺🇸 USA
Consolidated Edison ED	NZ$38.93 B	10,833.37%	🇺🇸 USA
National Fuel Gas NFG	NZ$5.06 B	1,322.14%	🇺🇸 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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