International Petroleum (IPCO.TO)

Net assets on the balance sheet as of September 2024 : £0.83 Billion

According to International Petroleum's latest financial reports the company has £0.83 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$£0.84 B	6.27%
2022-12-31	$£0.79 B	27.08%
2021-12-31	$£0.62 B	20.81%
2020-12-31	$£0.51 B	-13.82%
2019-12-31	$£0.60 B	10.02%
2018-12-31	$£0.54 B	141.35%
2017-12-31	$£0.22 B	-30.82%
2016-12-31	$£0.32 B	-17.9%
2015-12-31	$£0.39 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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International Petroleum (IPCO.TO) - Net assets