Greenfire Resources (GFR)

Net assets on the balance sheet as of June 2024 : C$0.70 Billion

According to Greenfire Resources's latest financial reports the company has C$0.70 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Greenfire Resources - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$0.69 B	-17.04%
2022-12-31	$C$0.83 B	18.85%
2021-12-31	$C$0.70 B	-1174916.67%
2020-12-31	$-C$0.06 Million

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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Greenfire Resources (GFR) - Net assets