Navitas Petroleum (NVPT.TA)

Net assets on the balance sheet as of June 2024 : £0.36 Billion

According to Navitas Petroleum's latest financial reports the company has £0.36 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	$£0.29 B	3.51%
2022-12-31	$£0.28 B	36.63%
2021-12-31	$£0.21 B	237.2%
2020-12-31	$£62.68 M	250.77%
2019-12-31	$£17.87 M	-1418.09%
2018-12-31	$-£1.36 Million	-114.49%
2017-12-31	$£9.35 M	-187.99%
2016-12-31	$-£10.64 Million	759.97%
2015-12-31	$-£1.24 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