Equitrans Midstream (ETRN)

Net assets on the balance sheet as of June 2024 : S$2.80 Billion

According to Equitrans Midstream 's latest financial reports the company has S$2.80 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Equitrans Midstream - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$2.88 B	3.61%
2022-12-31	$S$2.78 B	-22.28%
2021-12-31	$S$3.58 B	-37.83%
2020-12-31	$S$5.77 B	-18.94%
2019-12-31	$S$7.12 B	-0.89%
2018-12-31	$S$7.18 B	-13.89%
2017-12-31	$S$8.34 B	80.58%
2016-12-31	$S$4.62 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Kinder Morgan KMI	S$40.71 B	1,353.84%	🇺🇸 USA
NextDecade Corp NEXT	S$2.51 B	-10.30%	🇺🇸 USA

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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Equitrans Midstream (ETRN) - Net assets

Net assets on the balance sheet as of June 2024 : S$2.80 Billion