Scorpio Tankers (STNG) - Net assets

Net assets on the balance sheet as of September 2024 : A$4.34 Billion

According to Scorpio Tankers 's latest financial reports the company has A$4.34 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Scorpio Tankers - Net assets on balance sheet (from 2008 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$3.68 B	45.39%
2021-12-31	$A$2.53 B	-5.69%
2020-12-31	$A$2.68 B	-4.86%
2019-12-31	$A$2.82 B	8.17%
2018-12-31	$A$2.61 B	20.93%
2017-12-31	$A$2.15 B	18.31%
2016-12-31	$A$1.82 B	-5.99%
2015-12-31	$A$1.94 B	36.59%
2014-12-31	$A$1.42 B	-12.64%
2013-12-31	$A$1.62 B	307.47%
2012-12-31	$A$0.39 B	42.67%
2011-12-31	$A$0.27 B	7.32%
2010-12-31	$A$0.26 B	281.82%
2009-12-31	$A$68.27 M	137.28%
2008-12-31	$A$28.77 M	-6.48%
2007-12-31	$A$30.76 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Tsakos Energy Navigation TNP	A$2.57 B	-40.79%	🇬🇷 Greece
Teekay Tankers TNK	A$2.67 B	-38.55%	🇨🇦 Canada
Ardmore Shipping ASC	A$1.01 B	-76.62%	🇧🇲 Bermuda
Teekay TK	A$3.06 B	-29.45%	🇨🇦 Canada

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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