Phillips 66 (PSX) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$49.31 B

According to Phillips 66's latest financial reports the company has NZ$49.31 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Phillips 66 - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$50.04 B	-6.83%
2022-12-31	$NZ$53.71 B	70.03%
2021-12-31	$NZ$31.59 B	5.57%
2020-12-31	$NZ$29.92 B	-25.7%
2019-12-31	$NZ$40.27 B	-0.46%
2018-12-31	$NZ$40.46 B	4.77%
2017-12-31	$NZ$38.61 B	12.76%
2016-12-31	$NZ$34.25 B	-2.18%
2015-12-31	$NZ$35.01 B	24.65%
2014-12-31	$NZ$28.09 B	3.03%
2013-12-31	$NZ$27.26 B	7.43%
2012-12-31	$NZ$25.37 B	-14.97%
2011-12-31	$NZ$29.84 B	-11.88%
2010-12-31	$NZ$33.87 B	-9.35%
2009-12-31	$NZ$37.36 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Marathon Petroleum MPC	NZ$45.40 B	-7.93%	🇺🇸 USA
Valero Energy VLO	NZ$45.66 B	-7.40%	🇺🇸 USA
Exxon Mobil XOM	NZ$446.54 B	805.58%	🇺🇸 USA
Chevron CVX	NZ$259.04 B	425.33%	🇺🇸 USA
Calumet Specialty Products Partners CLMT	-NZ$0.52 B	-101.05%	🇺🇸 USA

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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