Cardinal Energy (CJ.TO)

Net assets on the balance sheet as of September 2024 : C$0.97 Billion

According to Cardinal Energy's latest financial reports the company has C$0.97 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Cardinal Energy - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$0.92 B	-0.51%
2022-12-31	$C$0.92 B	28.66%
2021-12-31	$C$0.71 B	92.9%
2020-12-31	$C$0.37 B	-49.47%
2019-12-31	$C$0.73 B	-6.9%
2018-12-31	$C$0.79 B	5.69%
2017-12-31	$C$0.74 B	15.19%
2016-12-31	$C$0.65 B	-4.32%
2015-12-31	$C$0.68 B	-9.02%
2014-12-31	$C$0.74 B	122.03%
2013-12-31	$C$0.33 B	449.45%
2012-12-31	$C$61.3 M

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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Cardinal Energy (CJ.TO) - Net assets