International Petroleum (IPCO.TO)

Net assets on the balance sheet as of June 2024 : NZ$1.71 Billion

According to International Petroleum's latest financial reports the company has NZ$1.71 Billion 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	$NZ$1.70 B	12.35%
2022-12-31	$NZ$1.52 B	22.53%
2021-12-31	$NZ$1.24 B	26.38%
2020-12-31	$NZ$0.98 B	-16.38%
2019-12-31	$NZ$1.17 B	13.2%
2018-12-31	$NZ$1.03 B	140.01%
2017-12-31	$NZ$0.43 B	-26.1%
2016-12-31	$NZ$0.58 B	-32.46%
2015-12-31	$NZ$0.86 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