Ithaca Energy (ITH.L)

Net assets on the balance sheet as of June 2024 : A$3.80 Billion

According to Ithaca Energy's latest financial reports the company has A$3.80 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$A$3.58 B	-0.65%
2022-12-31	$A$3.61 B	287%
2021-12-31	$A$0.93 B	32.27%
2020-12-31	$A$0.70 B	-49.66%
2019-12-31	$A$1.40 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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Ithaca Energy (ITH.L) - Net assets