Patterson-UTI Energy (PTEN) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$5.98 Billion

According to Patterson-UTI Energy's latest financial reports the company has NZ$5.98 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Patterson-UTI Energy - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$7.62 B	190.58%
2022-12-31	$NZ$2.62 B	11.33%
2021-12-31	$NZ$2.35 B	-15.67%
2020-12-31	$NZ$2.79 B	-33.59%
2019-12-31	$NZ$4.20 B	-19.49%
2018-12-31	$NZ$5.22 B	-6.81%
2017-12-31	$NZ$5.60 B	72.73%
2016-12-31	$NZ$3.24 B	-13.25%
2015-12-31	$NZ$3.74 B	0.9%
2014-12-31	$NZ$3.70 B	10.58%
2013-12-31	$NZ$3.35 B	4.48%
2012-12-31	$NZ$3.20 B	-0.45%
2011-12-31	$NZ$3.22 B	13.72%
2010-12-31	$NZ$2.83 B	-1.06%
2009-12-31	$NZ$2.86 B	-21.8%
2008-12-31	$NZ$3.66 B	48.07%
2007-12-31	$NZ$2.47 B	11.61%
2006-12-31	$NZ$2.21 B	10.89%
2005-12-31	$NZ$2.00 B	48.43%
2004-12-31	$NZ$1.34 B	6.85%
2003-12-31	$NZ$1.26 B	-10.52%
2002-12-31	$NZ$1.40 B	-14.83%
2001-12-31	$NZ$1.65 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Nabors Industries NBR	NZ$2.11 B	-64.64%	🇧🇲 Bermuda
Helmerich & Payne HP	NZ$4.78 B	-20.02%	🇺🇸 USA
Transocean RIG	NZ$17.94 B	199.81%	🇨🇭 Switzerland

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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