EnQuest (ENQ.L) - Net assets

Net assets on the balance sheet as of June 2023 : NZ$0.80 Billion

According to EnQuest's latest financial reports the company has NZ$0.80 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

EnQuest - Net assets on balance sheet (from 2010 to 2023)

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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