Parex Resources (PXT.TO)

Net assets on the balance sheet as of September 2024 : $1.94 Billion USD

According to Parex Resources's latest financial reports the company has $1.94 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Parex Resources - Net assets on balance sheet (from 2009 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$$1.95 B	14.02%
2022-12-31	$$1.71 B	23.05%
2021-12-31	$$1.39 B	3.97%
2020-12-31	$$1.34 B	-4.42%
2019-12-31	$$1.40 B	10.17%
2018-12-31	$$1.27 B	43.32%
2017-12-31	$$0.88 B	24.44%
2016-12-31	$$0.71 B	-3.79%
2015-12-31	$$0.74 B	12.3%
2014-12-31	$$0.66 B	36.2%
2013-12-31	$$0.48 B	4.23%
2012-12-31	$$0.46 B	11.38%
2011-12-31	$$0.41 B	127.17%
2010-12-31	$$0.18 B	47.74%
2009-12-31	$$0.12 B	-259495.83%
2008-12-31	$-$0.05 Million

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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Parex Resources (PXT.TO) - Net assets