Earthstone Energy (ESTE) - Net assets

Net assets on the balance sheet as of September 2023 : NZ$4.17 B

According to Earthstone Energy's latest financial reports the company has NZ$4.17 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Earthstone Energy - Net assets on balance sheet (from 2001 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$3.66 B	139.6%
2021-12-31	$NZ$1.52 B	34.73%
2020-12-31	$NZ$1.13 B	-8.47%
2019-12-31	$NZ$1.23 B	0.6%
2018-12-31	$NZ$1.23 B	20.52%
2017-12-31	$NZ$1.02 B	193.15%
2016-12-31	$NZ$0.34 B	19.23%
2015-12-31	$NZ$0.29 B	-27.54%
2014-12-31	$NZ$0.40 B
2014-03-31	$NZ$28.16 M	16.16%
2013-03-31	$NZ$24.24 M	8.47%
2012-03-31	$NZ$22.35 M	13.27%
2011-03-31	$NZ$19.73 M	3.65%
2010-03-31	$NZ$19.03 M	-14.93%
2009-03-31	$NZ$22.37 M	50.13%
2008-03-31	$NZ$14.9 M	-3.73%
2007-03-31	$NZ$15.48 M	9.48%
2006-03-31	$NZ$14.14 M	75%
2005-03-31	$NZ$8.08 M	36.79%
2004-03-31	$NZ$5.9 M	24.58%
2003-03-31	$NZ$4.74 M	-4.65%
2002-03-31	$NZ$4.97 M	-3.88%
2001-03-31	$NZ$5.17 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
SM Energy SM	NZ$6.21 B	48.88%	🇺🇸 USA
Northern Oil and Gas NOG	NZ$3.34 B	-19.89%	🇺🇸 USA
Marathon Oil MRO	NZ$18.11 B	334.02%	🇺🇸 USA

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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