HighPeak Energy (HPK)

Net assets on the balance sheet as of June 2024 : S$2.08 Billion

According to HighPeak Energy's latest financial reports the company has S$2.08 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

HighPeak Energy - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$2.05 B	30.78%
2022-12-31	$S$1.56 B	109.72%
2021-12-31	$S$0.74 B	19.18%
2020-12-31	$S$0.62 B	2.68%
2019-12-31	$S$0.61 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Patterson-UTI Energy PTEN	S$4.73 B	127.45%	🇺🇸 USA
Transocean RIG	S$14.19 B	581.91%	🇨🇭 Switzerland

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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HighPeak Energy (HPK) - Net assets

Net assets on the balance sheet as of June 2024 : S$2.08 Billion