Siemens Energy (ENR.F)

Net assets on the balance sheet as of September 2024 : C$14.69 Billion

According to Siemens Energy's latest financial reports the company has C$14.69 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Siemens Energy - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$C$12.64 B	-45.05%
2022-09-30	$C$23.00 B	2.17%
2021-09-30	$C$22.52 B	-6.89%
2020-09-30	$C$24.18 B	27.59%
2019-09-30	$C$18.95 B	18%
2018-09-30	$C$16.06 B	-2.55%
2017-09-30	$C$16.48 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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Siemens Energy (ENR.F) - Net assets