Navitas Petroleum (NVPT.TA)

Net assets on the balance sheet as of June 2024 : C$0.65 Billion

According to Navitas Petroleum's latest financial reports the company has C$0.65 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Navitas Petroleum - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$0.50 B	6.54%
2022-12-31	$C$0.47 B	30.38%
2021-12-31	$C$0.36 B	233.76%
2020-12-31	$C$0.10 B	255.97%
2019-12-31	$C$30.6 M	-1405.53%
2018-12-31	$-C$2.35 Million	-114.75%
2017-12-31	$C$15.89 M	-190.17%
2016-12-31	$-C$17.63 Million	593.67%
2015-12-31	$-C$2.55 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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Navitas Petroleum (NVPT.TA) - Net assets