Scorpio Tankers (STNG) - Net assets

Net assets on the balance sheet as of September 2024 : $2.83 Billion USD

According to Scorpio Tankers 's latest financial reports the company has $2.83 Billion USD 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	$$2.50 B	36.47%
2021-12-31	$$1.83 B	-11.08%
2020-12-31	$$2.06 B	4.49%
2019-12-31	$$1.97 B	7.5%
2018-12-31	$$1.83 B	9.12%
2017-12-31	$$1.68 B	28.14%
2016-12-31	$$1.31 B	-6.98%
2015-12-31	$$1.41 B	21.59%
2014-12-31	$$1.16 B	-19.84%
2013-12-31	$$1.45 B	249.75%
2012-12-31	$$0.41 B	44.6%
2011-12-31	$$0.28 B	8.34%
2010-12-31	$$0.26 B	331.75%
2009-12-31	$$61.32 M	202.12%
2008-12-31	$$20.29 M	-24.53%
2007-12-31	$$26.89 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Tsakos Energy Navigation TNP	$1.68 B	-40.79%	🇬🇷 Greece
Teekay Tankers TNK	$1.74 B	-38.55%	🇨🇦 Canada
Ardmore Shipping ASC	$0.66 B	-76.62%	🇧🇲 Bermuda
Teekay TK	$2.00 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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