ONE Gas (OGS) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$4.66 Billion

According to ONE Gas 's latest financial reports the company has NZ$4.66 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

ONE Gas - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$4.37 B	7.44%
2022-12-31	$NZ$4.07 B	18.34%
2021-12-31	$NZ$3.43 B	11.13%
2020-12-31	$NZ$3.09 B	-2.11%
2019-12-31	$NZ$3.16 B	3.83%
2018-12-31	$NZ$3.04 B	10.33%
2017-12-31	$NZ$2.76 B	1.25%
2016-12-31	$NZ$2.72 B	1.31%
2015-12-31	$NZ$2.69 B	17.51%
2014-12-31	$NZ$2.28 B	51.86%
2013-12-31	$NZ$1.50 B	7.41%
2012-12-31	$NZ$1.40 B	-5.42%
2011-12-31	$NZ$1.48 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Atmos Energy ATO	NZ$20.08 B	330.97%	🇺🇸 USA
NW Natural NWN	NZ$2.22 B	-52.36%	🇺🇸 USA
RGC Resources RGCO	NZ$0.17 B	-96.15%	🇺🇸 USA
CenterPoint Energy CNP	NZ$17.07 B	266.27%	🇺🇸 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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