International Petroleum (IPCO.TO)

Net assets on the balance sheet as of September 2024 : ₹89.03 Billion

According to International Petroleum's latest financial reports the company has ₹89.03 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	$₹89.93 B	12.58%
2022-12-31	$₹79.88 B	26.63%
2021-12-31	$₹63.08 B	21.75%
2020-12-31	$₹51.81 B	-8.12%
2019-12-31	$₹56.39 B	15.91%
2018-12-31	$₹48.65 B	148.24%
2017-12-31	$₹19.59 B	-28.81%
2016-12-31	$₹27.52 B	-30.1%
2015-12-31	$₹39.38 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