MEG Energy (MEG.TO) - Net Assets

Net assets on the balance sheet as of September 2024 : A$5.24 Billion

According to MEG Energy's latest financial reports the company has A$5.24 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

MEG Energy - Net assets on balance sheet (from 2009 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$5.00 B	5.54%
2022-12-31	$A$4.74 B	15.17%
2021-12-31	$A$4.12 B	15.26%
2020-12-31	$A$3.57 B	-15.13%
2019-12-31	$A$4.21 B	4.08%
2018-12-31	$A$4.04 B	0.24%
2017-12-31	$A$4.03 B	19.03%
2016-12-31	$A$3.39 B	-6.77%
2015-12-31	$A$3.63 B	-27.51%
2014-12-31	$A$5.02 B	-0.44%
2013-12-31	$A$5.04 B	7%
2012-12-31	$A$4.71 B	23.39%
2011-12-31	$A$3.81 B	0.64%
2010-12-31	$A$3.79 B	15.88%
2009-12-31	$A$3.27 B	32.66%
2008-12-31	$A$2.46 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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MEG Energy (MEG.TO) - Net assets