Scorpio Tankers (STNG) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$5.02 Billion

According to Scorpio Tankers 's latest financial reports the company has NZ$5.02 Billion 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	46.82%
2021-12-31	$NZ$2.68 B	-6.07%
2020-12-31	$NZ$2.86 B	-2.47%
2019-12-31	$NZ$2.93 B	7.07%
2018-12-31	$NZ$2.74 B	15.54%
2017-12-31	$NZ$2.37 B	24.98%
2016-12-31	$NZ$1.89 B	-8.09%
2015-12-31	$NZ$2.06 B	39.19%
2014-12-31	$NZ$1.48 B	-15.93%
2013-12-31	$NZ$1.76 B	250.12%
2012-12-31	$NZ$0.50 B	37.19%
2011-12-31	$NZ$0.36 B	7.09%
2010-12-31	$NZ$0.34 B	306.47%
2009-12-31	$NZ$84.43 M	141.39%
2008-12-31	$NZ$34.97 M	-0.38%
2007-12-31	$NZ$35.11 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Tsakos Energy Navigation TNP	NZ$2.97 B	-40.79%	🇬🇷 Greece
Teekay Tankers TNK	NZ$3.08 B	-38.55%	🇨🇦 Canada
Ardmore Shipping ASC	NZ$1.17 B	-76.62%	🇧🇲 Bermuda
Teekay TK	NZ$3.54 B	-29.45%	🇨🇦 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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