ERG (ERG.MI) - Net Assets

Net assets on the balance sheet as of September 2024 : C$3.50 Billion

According to ERG's latest financial reports the company has C$3.50 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

ERG - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$2.99 B	32.1%
2021-12-31	$C$2.26 B	-18.34%
2020-12-31	$C$2.77 B	6.09%
2019-12-31	$C$2.61 B	-8.3%
2018-12-31	$C$2.84 B	0.63%
2017-12-31	$C$2.83 B	15.88%
2016-12-31	$C$2.44 B	-3.87%
2015-12-31	$C$2.54 B	4.81%
2014-12-31	$C$2.42 B	-18.04%
2013-12-31	$C$2.96 B	14.17%
2012-12-31	$C$2.59 B	4.5%
2011-12-31	$C$2.48 B	-1.34%
2010-12-31	$C$2.51 B	-13.49%
2009-12-31	$C$2.90 B	-15.51%
2008-12-31	$C$3.44 B	61.91%
2007-12-31	$C$2.12 B	-1.07%
2006-12-31	$C$2.14 B	28.86%
2005-12-31	$C$1.66 B	6.8%
2004-12-31	$C$1.56 B	16.41%
2003-12-31	$C$1.34 B	16.26%
2002-12-31	$C$1.15 B	38.78%
2001-12-31	$C$0.83 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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ERG (ERG.MI) - Net assets