OceanPal (OP) - Net Assets

Net assets on the balance sheet as of September 2024 : NZ$0.16 Billion

According to OceanPal's latest financial reports the company has NZ$0.16 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

OceanPal - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.12 B	71.06%
2021-12-31	$NZ$70.49 M	44.08%
2020-12-31	$NZ$48.92 M	-5.48%
2019-12-31	$NZ$51.76 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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OceanPal (OP) - Net assets