Vitesse Energy (VTS)

Net assets on the balance sheet as of September 2024 : NZ$0.88 Billion

According to Vitesse Energy's latest financial reports the company has NZ$0.88 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Vitesse Energy - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.86 B	-3.59%
2022-12-31	$NZ$0.89 B	25.99%
2021-12-31	$NZ$0.71 B
2021-11-30	$NZ$0.73 B	4.4%
2020-11-30	$NZ$0.70 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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Vitesse Energy (VTS) - Net assets