Greenfire Resources (GFR)

Net assets on the balance sheet as of June 2024 : S$0.67 Billion

According to Greenfire Resources's latest financial reports the company has S$0.67 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Greenfire Resources - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$0.69 B	-16.39%
2022-12-31	$S$0.82 B	10.69%
2021-12-31	$S$0.74 B	-1201236.5%
2020-12-31	$-S$0.07 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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Greenfire Resources (GFR) - Net assets