Cardinal Energy (CJ.TO)

Net assets on the balance sheet as of September 2024 : NZ$1.20 Billion

According to Cardinal Energy's latest financial reports the company has NZ$1.20 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Cardinal Energy - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$1.09 B	2.19%
2022-12-31	$NZ$1.07 B	30%
2021-12-31	$NZ$0.82 B	103.88%
2020-12-31	$NZ$0.40 B	-51.69%
2019-12-31	$NZ$0.83 B	-3.29%
2018-12-31	$NZ$0.86 B	3.28%
2017-12-31	$NZ$0.83 B	20.09%
2016-12-31	$NZ$0.69 B	-2.41%
2015-12-31	$NZ$0.71 B	-12.87%
2014-12-31	$NZ$0.82 B	113.61%
2013-12-31	$NZ$0.38 B	413.82%
2012-12-31	$NZ$74.94 M

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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Cardinal Energy (CJ.TO) - Net assets