Scorpio Tankers (STNG) - Net assets

Net assets on the balance sheet as of September 2024 : £2.25 Billion

According to Scorpio Tankers 's latest financial reports the company has £2.25 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Scorpio Tankers - Net assets on balance sheet (from 2008 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$£2.07 B	52.26%
2021-12-31	$£1.36 B	-10.21%
2020-12-31	$£1.51 B	0.52%
2019-12-31	$£1.50 B	4.06%
2018-12-31	$£1.44 B	16.18%
2017-12-31	$£1.24 B	16.99%
2016-12-31	$£1.06 B	11.72%
2015-12-31	$£0.95 B	27.74%
2014-12-31	$£0.74 B	-15.08%
2013-12-31	$£0.87 B	242.71%
2012-12-31	$£0.25 B	39.05%
2011-12-31	$£0.18 B	7.6%
2010-12-31	$£0.17 B	352.58%
2009-12-31	$£37.89 M	173.63%
2008-12-31	$£13.85 M	2.3%
2007-12-31	$£13.53 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Tsakos Energy Navigation TNP	£1.33 B	-40.79%	🇬🇷 Greece
Teekay Tankers TNK	£1.38 B	-38.55%	🇨🇦 Canada
Ardmore Shipping ASC	£0.52 B	-76.62%	🇧🇲 Bermuda
Teekay TK	£1.59 B	-29.45%	🇨🇦 Canada

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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