MEG Energy (MEG.TO) - Net Assets

Net assets on the balance sheet as of September 2024 : NZ$6.09 Billion

According to MEG Energy's latest financial reports the company has NZ$6.09 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

MEG Energy - Net assets on balance sheet (from 2009 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$5.39 B	6.09%
2022-12-31	$NZ$5.08 B	16.3%
2021-12-31	$NZ$4.37 B	14.79%
2020-12-31	$NZ$3.81 B	-13%
2019-12-31	$NZ$4.38 B	3.02%
2018-12-31	$NZ$4.25 B	-4.23%
2017-12-31	$NZ$4.43 B	25.74%
2016-12-31	$NZ$3.53 B	-8.85%
2015-12-31	$NZ$3.87 B	-26.13%
2014-12-31	$NZ$5.24 B	-4.2%
2013-12-31	$NZ$5.47 B	-8.06%
2012-12-31	$NZ$5.95 B	18.64%
2011-12-31	$NZ$5.01 B	0.42%
2010-12-31	$NZ$4.99 B	23.36%
2009-12-31	$NZ$4.05 B	34.95%
2008-12-31	$NZ$3.00 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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MEG Energy (MEG.TO) - Net assets