Navitas Petroleum (NVPT.TA)

Net assets on the balance sheet as of September 2024 : €0.45 Billion

According to Navitas Petroleum's latest financial reports the company has €0.45 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	$€0.34 B	5.77%
2022-12-31	$€0.32 B	29.28%
2021-12-31	$€0.25 B	262.67%
2020-12-31	$€69.46 M	232.08%
2019-12-31	$€20.91 M	-1490.54%
2018-12-31	$-€1.51 Million	-114.28%
2017-12-31	$€10.53 M	-184.49%
2016-12-31	$-€12.48 Million	644.33%
2015-12-31	$-€1.68 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