Italgas (IG.MI) - Net Assets

Net assets on the balance sheet as of December 2023 : S$3.79 Billion

According to Italgas's latest financial reports the company has S$3.79 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Italgas - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$3.43 B	4.8%
2021-12-31	$S$3.28 B	1.94%
2020-12-31	$S$3.21 B	18.7%
2019-12-31	$S$2.71 B	30.48%
2018-12-31	$S$2.07 B	9.19%
2017-12-31	$S$1.90 B	17.44%
2016-12-31	$S$1.62 B

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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Italgas (IG.MI) - Net assets