Ovintiv (OVV) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$17.31 Billion

According to Ovintiv's latest financial reports the company has NZ$17.31 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ovintiv - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$16.39 B	35.4%
2022-12-31	$NZ$12.11 B	63.03%
2021-12-31	$NZ$7.42 B	39.69%
2020-12-31	$NZ$5.31 B	-63.93%
2019-12-31	$NZ$14.74 B	32.81%
2018-12-31	$NZ$11.10 B	17.19%
2017-12-31	$NZ$9.47 B	7.12%
2016-12-31	$NZ$8.84 B	-1.85%
2015-12-31	$NZ$9.01 B	-27.1%
2014-12-31	$NZ$12.36 B	97.35%
2013-12-31	$NZ$6.26 B	-2.69%
2012-12-31	$NZ$6.43 B	-41.44%
2011-12-31	$NZ$10.99 B	-51.06%
2010-12-31	$NZ$22.45 B	-1.81%
2009-12-31	$NZ$22.87 B	-42.22%
2008-12-31	$NZ$39.58 B	46.47%
2007-12-31	$NZ$27.02 B	9.03%
2006-12-31	$NZ$24.79 B	5.86%
2005-12-31	$NZ$23.41 B	16.79%
2004-12-31	$NZ$20.05 B	15.58%
2003-12-31	$NZ$17.34 B	4.15%
2002-12-31	$NZ$16.65 B	172.68%
2001-12-31	$NZ$6.10 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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