Scorpio Tankers (STNG) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$4.73 B

According to Scorpio Tankers 's latest financial reports the company has NZ$4.73 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Scorpio Tankers - Net assets on balance sheet (from 2008 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$3.94 B	47.2%
2021-12-31	$NZ$2.68 B	-6.62%
2020-12-31	$NZ$2.87 B	-1.99%
2019-12-31	$NZ$2.93 B	6.95%
2018-12-31	$NZ$2.74 B	15.48%
2017-12-31	$NZ$2.37 B	24.98%
2016-12-31	$NZ$1.89 B	-8.19%
2015-12-31	$NZ$2.06 B	39.52%
2014-12-31	$NZ$1.48 B	-16.08%
2013-12-31	$NZ$1.76 B	249.13%
2012-12-31	$NZ$0.50 B	37.65%
2011-12-31	$NZ$0.36 B	6.66%
2010-12-31	$NZ$0.34 B	305.11%
2009-12-31	$NZ$85.05 M	141.74%
2008-12-31	$NZ$35.18 M	1.08%
2007-12-31	$NZ$34.8 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Tsakos Energy Navigation TNP	NZ$2.71 B	-42.57%	🇬🇷 Greece
Teekay Tankers TNK	NZ$2.74 B	-42.07%	🇨🇦 Canada
Ardmore Shipping ASC	NZ$1.05 B	-77.64%	🇧🇲 Bermuda
Teekay TK	NZ$3.24 B	-31.49%	🇨🇦 Canada

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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