Kinetik (KNTK) - Net Assets

Net assets on the balance sheet as of June 2024 : $3.08 Billion USD

According to Kinetik's latest financial reports the company has $3.08 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Kinetik - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$$2.62 B	15.59%
2022-12-31	$$2.27 B	125.72%
2021-12-31	$$1.00 B	-3.46%
2020-12-31	$$1.04 B	-45.58%
2019-12-31	$$1.91 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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Kinetik (KNTK) - Net assets