NexTier Oilfield (NEX) - Net assets

Net assets on the balance sheet as of June 2023 : NZ$2.01 Billion

According to NexTier Oilfield 's latest financial reports the company has NZ$2.01 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

NexTier Oilfield - Net assets on balance sheet (from 2015 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$1.24 B	55.35%
2021-12-31	$NZ$0.80 B	3.69%
2020-12-31	$NZ$0.77 B	-41.34%
2019-12-31	$NZ$1.31 B	81.29%
2018-12-31	$NZ$0.72 B	0.53%
2017-12-31	$NZ$0.72 B	208.43%
2016-12-31	$NZ$0.23 B	99.99%
2015-12-31	$NZ$0.11 B	-37.42%
2014-12-31	$NZ$0.18 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PEDEVCO PED	NZ$0.19 B	-90.57%	🇺🇸 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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