Kinetik (KNTK) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$4.98 B

According to Kinetik's latest financial reports the company has NZ$4.98 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Kinetik - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$4.15 B	16.05%
2022-12-31	$NZ$3.57 B	143.47%
2021-12-31	$NZ$1.47 B	1.38%
2020-12-31	$NZ$1.45 B	-48.96%
2019-12-31	$NZ$2.84 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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Kinetik (KNTK) - Net assets