Scorpio Tankers (STNG) - Net assets

Net assets on the balance sheet as of September 2024 : S$3.81 Billion

According to Scorpio Tankers 's latest financial reports the company has S$3.81 Billion 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	35.33%
2021-12-31	$S$2.48 B	-9.13%
2020-12-31	$S$2.73 B	2.53%
2019-12-31	$S$2.66 B	6.09%
2018-12-31	$S$2.51 B	11.46%
2017-12-31	$S$2.25 B	18.42%
2016-12-31	$S$1.90 B	-4.82%
2015-12-31	$S$1.99 B	30.16%
2014-12-31	$S$1.53 B	-16.4%
2013-12-31	$S$1.83 B	262.36%
2012-12-31	$S$0.50 B	36.54%
2011-12-31	$S$0.37 B	8.92%
2010-12-31	$S$0.34 B	296.14%
2009-12-31	$S$86.09 M	196.59%
2008-12-31	$S$29.02 M	-25%
2007-12-31	$S$38.7 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Tsakos Energy Navigation TNP	S$2.25 B	-40.79%	🇬🇷 Greece
Teekay Tankers TNK	S$2.34 B	-38.55%	🇨🇦 Canada
Ardmore Shipping ASC	S$0.89 B	-76.62%	🇧🇲 Bermuda
Teekay TK	S$2.69 B	-29.45%	🇨🇦 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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