Ithaca Energy (ITH.L)

Net assets on the balance sheet as of June 2024 : £1.94 Billion

According to Ithaca Energy's latest financial reports the company has £1.94 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ithaca Energy - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$£1.91 B	-5.54%
2022-12-31	$£2.03 B	305.31%
2021-12-31	$£0.50 B	25.93%
2020-12-31	$£0.39 B	-46.81%
2019-12-31	$£0.74 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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Ithaca Energy (ITH.L) - Net assets