Indonesia Energy (INDO)

Net assets on the balance sheet as of December 2023 : HK$0.11 B

According to Indonesia Energy's latest financial reports the company has HK$0.11 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Indonesia Energy - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$0.13 B	121.99%
2021-12-31	$HK$60.97 M	-36.37%
2020-12-31	$HK$95.81 M	-24.03%
2019-12-31	$HK$0.12 B	217.48%
2018-12-31	$HK$39.72 M	-126.23%
2017-12-31	$-HK$0.16 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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Indonesia Energy (INDO) - Net assets