Scorpio Tankers (STNG) - Net assets

Net assets on the balance sheet as of June 2024 : S$3.81 B

According to Scorpio Tankers 's latest financial reports the company has S$3.81 B 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	$S$3.36 B	35.66%
2021-12-31	$S$2.47 B	-9.29%
2020-12-31	$S$2.73 B	2.73%
2019-12-31	$S$2.65 B	6.12%
2018-12-31	$S$2.50 B	11.14%
2017-12-31	$S$2.25 B	18.42%
2016-12-31	$S$1.90 B	-4.91%
2015-12-31	$S$2.00 B	30.29%
2014-12-31	$S$1.53 B	-16.42%
2013-12-31	$S$1.83 B	262.18%
2012-12-31	$S$0.50 B	36.63%
2011-12-31	$S$0.37 B	8.87%
2010-12-31	$S$0.34 B	295.92%
2009-12-31	$S$86.18 M	195.25%
2008-12-31	$S$29.19 M	-24.94%
2007-12-31	$S$38.89 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Tsakos Energy Navigation TNP	S$2.19 B	-42.57%	🇬🇷 Greece
Teekay Tankers TNK	S$2.20 B	-42.07%	🇨🇦 Canada
Ardmore Shipping ASC	S$0.85 B	-77.64%	🇧🇲 Bermuda
Teekay TK	S$2.61 B	-31.49%	🇨🇦 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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