Sable Offshore (SOC)

Net assets on the balance sheet as of June 2024 : NZ$0.20 Billion

According to Sable Offshore's latest financial reports the company has NZ$0.20 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sable Offshore - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$12.55 M	-97.07%
2022-12-31	$NZ$0.42 B	6.59%
2021-12-31	$NZ$0.40 B	1242395.15%
2020-12-31	$NZ$0.03 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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Sable Offshore (SOC) - Net assets