Parex Resources (PXT.TO)

Net assets on the balance sheet as of September 2024 : NZ$3.32 Billion

According to Parex Resources's latest financial reports the company has NZ$3.32 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Parex Resources - Net assets on balance sheet (from 2009 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$3.09 B	14.47%
2022-12-31	$NZ$2.70 B	32.38%
2021-12-31	$NZ$2.04 B	9.83%
2020-12-31	$NZ$1.85 B	-10.79%
2019-12-31	$NZ$2.08 B	9.72%
2018-12-31	$NZ$1.89 B	51.74%
2017-12-31	$NZ$1.25 B	21.38%
2016-12-31	$NZ$1.03 B	-4.94%
2015-12-31	$NZ$1.08 B	28.57%
2014-12-31	$NZ$0.84 B	42.84%
2013-12-31	$NZ$0.59 B	4.34%
2012-12-31	$NZ$0.56 B	5.67%
2011-12-31	$NZ$0.53 B	124.55%
2010-12-31	$NZ$0.23 B	39.09%
2009-12-31	$NZ$0.17 B	-207351.73%
2008-12-31	$-NZ$0.09 Million

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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Parex Resources (PXT.TO) - Net assets