Topaz Energy (TPZ.TO)

Net assets on the balance sheet as of September 2024 : $0.85 Billion USD

According to Topaz Energy's latest financial reports the company has $0.85 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$$0.93 B	-6.59%
2022-12-31	$$1.00 B	-3.43%
2021-12-31	$$1.03 B	31.8%
2020-12-31	$$0.78 B	48.07%
2019-12-31	$$0.53 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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Topaz Energy (TPZ.TO) - Net assets