Sitio Royalties (STR)

Net assets on the balance sheet as of September 2024 : NZ$5.99 Billion

According to Sitio Royalties's latest financial reports the company has NZ$5.99 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sitio Royalties - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$5.68 B	-7.13%
2022-12-31	$NZ$6.12 B	293.3%
2021-12-31	$NZ$1.55 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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Sitio Royalties (STR) - Net assets