Scorpio Tankers (STNG) - Net assets

Net assets on the balance sheet as of September 2024 : C$3.95 Billion

According to Scorpio Tankers 's latest financial reports the company has C$3.95 Billion 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	$C$3.40 B	45.3%
2021-12-31	$C$2.34 B	-11.12%
2020-12-31	$C$2.63 B	2.01%
2019-12-31	$C$2.58 B	3.07%
2018-12-31	$C$2.50 B	18.23%
2017-12-31	$C$2.11 B	19.88%
2016-12-31	$C$1.76 B	-9.89%
2015-12-31	$C$1.96 B	45.34%
2014-12-31	$C$1.34 B	-12.62%
2013-12-31	$C$1.54 B	274.4%
2012-12-31	$C$0.41 B	41.36%
2011-12-31	$C$0.29 B	10.24%
2010-12-31	$C$0.26 B	310.16%
2009-12-31	$C$64.52 M	161.45%
2008-12-31	$C$24.68 M	-8.02%
2007-12-31	$C$26.83 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Tsakos Energy Navigation TNP	C$2.34 B	-40.79%	🇬🇷 Greece
Teekay Tankers TNK	C$2.43 B	-38.55%	🇨🇦 Canada
Ardmore Shipping ASC	C$0.92 B	-76.62%	🇧🇲 Bermuda
Teekay TK	C$2.79 B	-29.45%	🇨🇦 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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