Civitas Resources (CIVI)

Net assets on the balance sheet as of June 2024 : $6.58 Billion USD

According to Civitas Resources's latest financial reports the company has $6.58 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Civitas Resources - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$$6.18 B	15.02%
2022-12-31	$$5.37 B	15.44%
2021-12-31	$$4.65 B	345.35%
2020-12-31	$$1.04 B	11.59%
2019-12-31	$$0.93 B	8.42%
2018-12-31	$$0.86 B	25.51%
2017-12-31	$$0.68 B	3511.22%
2016-12-31	$$19.06 M

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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Civitas Resources (CIVI) - Net assets