Navitas Petroleum (NVPT.TA)

Net assets on the balance sheet as of June 2024 : NZ$0.75 B

According to Navitas Petroleum's latest financial reports the company has NZ$0.75 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Navitas Petroleum - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.60 B	9.43%
2022-12-31	$NZ$0.55 B	32.09%
2021-12-31	$NZ$0.41 B	250.68%
2020-12-31	$NZ$0.11 B	241.99%
2019-12-31	$NZ$34.73 M	-1454.61%
2018-12-31	$-NZ$2.57 M	-114.41%
2017-12-31	$NZ$17.8 M	-194%
2016-12-31	$-NZ$18.94 M	606.7%
2015-12-31	$-NZ$2.68 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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Navitas Petroleum (NVPT.TA) - Net assets