HighPeak Energy (HPK)

Net assets on the balance sheet as of September 2024 : A$2.57 Billion

According to HighPeak Energy's latest financial reports the company has A$2.57 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$A$2.27 B	32.6%
2022-12-31	$A$1.71 B	125.31%
2021-12-31	$A$0.76 B	23.69%
2020-12-31	$A$0.61 B	-4.73%
2019-12-31	$A$0.64 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Patterson-UTI Energy PTEN	A$5.73 B	122.46%	🇺🇸 USA
Transocean RIG	A$16.41 B	536.98%	🇨🇭 Switzerland

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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HighPeak Energy (HPK) - Net assets

Net assets on the balance sheet as of September 2024 : A$2.57 Billion