Vitesse Energy (VTS)

Net assets on the balance sheet as of September 2024 : S$0.70 Billion

According to Vitesse Energy's latest financial reports the company has S$0.70 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Vitesse Energy - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$0.72 B	-5.39%
2022-12-31	$S$0.76 B	16.13%
2021-12-31	$S$0.65 B
2021-11-30	$S$0.68 B	3.71%
2020-11-30	$S$0.65 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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Vitesse Energy (VTS) - Net assets