Scorpio Tankers (STNG) - Net assets

Net assets on the balance sheet as of June 2024 : A$4.39 B

According to Scorpio Tankers 's latest financial reports the company has A$4.39 B 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	45.81%
2021-12-31	$A$2.52 B	-5.76%
2020-12-31	$A$2.68 B	-4.68%
2019-12-31	$A$2.81 B	7.77%
2018-12-31	$A$2.60 B	20.89%
2017-12-31	$A$2.15 B	18.31%
2016-12-31	$A$1.82 B	-6%
2015-12-31	$A$1.94 B	36.88%
2014-12-31	$A$1.41 B	-12.81%
2013-12-31	$A$1.62 B	306.55%
2012-12-31	$A$0.40 B	43%
2011-12-31	$A$0.27 B	6.97%
2010-12-31	$A$0.26 B	281.4%
2009-12-31	$A$68.57 M	133.3%
2008-12-31	$A$29.39 M	-4.52%
2007-12-31	$A$30.78 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Tsakos Energy Navigation TNP	A$2.52 B	-42.57%	🇬🇷 Greece
Teekay Tankers TNK	A$2.54 B	-42.07%	🇨🇦 Canada
Ardmore Shipping ASC	A$0.98 B	-77.64%	🇧🇲 Bermuda
Teekay TK	A$3.00 B	-31.49%	🇨🇦 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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