Africa Oil (AOI.TO) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$1.45 Billion

According to Africa Oil's latest financial reports the company has NZ$1.45 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Africa Oil - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$1.41 B	8.13%
2022-12-31	$NZ$1.30 B	-5.74%
2021-12-31	$NZ$1.38 B	32.77%
2020-12-31	$NZ$1.04 B	-8.17%
2019-12-31	$NZ$1.13 B	-17.18%
2018-12-31	$NZ$1.37 B	0.29%
2017-12-31	$NZ$1.37 B	-2.86%
2016-12-31	$NZ$1.41 B	-2.63%
2015-12-31	$NZ$1.44 B	42.46%
2014-12-31	$NZ$1.01 B	-10.1%
2013-12-31	$NZ$1.13 B	78.96%
2012-12-31	$NZ$0.63 B	78.83%
2011-12-31	$NZ$0.35 B	145.63%
2010-12-31	$NZ$0.14 B	17.17%
2009-12-31	$NZ$0.12 B	186.62%
2008-12-31	$NZ$42.86 M	33.05%
2007-12-31	$NZ$32.21 M	292.24%
2006-12-31	$NZ$8.21 M	126.54%
2005-12-31	$NZ$3.62 M	3089.64%
2004-12-31	$NZ$0.11 M	-1622.52%
2003-12-31	$-NZ$0.01 Million	-109.17%
2002-12-31	$NZ$0.08 M	-108.79%
2001-12-31	$-NZ$0.93 Million

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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