PetIQ (PETQ) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$0.46 Billion

According to PetIQ's latest financial reports the company has NZ$0.46 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.35 B	5.71%
2022-12-31	$NZ$0.33 B	-10.72%
2021-12-31	$NZ$0.37 B	9.41%
2020-12-31	$NZ$0.34 B	-29.95%
2019-12-31	$NZ$0.48 B	1.87%
2018-12-31	$NZ$0.47 B	224.14%
2017-12-31	$NZ$0.14 B	149.52%
2016-12-31	$NZ$59.16 M	-12.5%
2015-12-31	$NZ$67.61 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onconova Therapeutics ONTX	NZ$10.7 M	-97.69%	🇺🇸 USA
OPKO Health OPK	NZ$2.49 B	439.12%	🇺🇸 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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PetIQ (PETQ) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$0.46 Billion