Phillips 66 (PSX) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$52.95 Billion

According to Phillips 66's latest financial reports the company has NZ$52.95 Billion 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	69.58%
2021-12-31	$NZ$31.67 B	6.2%
2020-12-31	$NZ$29.82 B	-26.06%
2019-12-31	$NZ$40.34 B	-0.34%
2018-12-31	$NZ$40.48 B	4.82%
2017-12-31	$NZ$38.61 B	12.76%
2016-12-31	$NZ$34.25 B	-2.07%
2015-12-31	$NZ$34.97 B	24.35%
2014-12-31	$NZ$28.12 B	3.22%
2013-12-31	$NZ$27.24 B	7.74%
2012-12-31	$NZ$25.29 B	-15.26%
2011-12-31	$NZ$29.84 B	-11.53%
2010-12-31	$NZ$33.73 B	-9.05%
2009-12-31	$NZ$37.09 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Marathon Petroleum MPC	NZ$45.71 B	-13.67%	🇺🇸 USA
Valero Energy VLO	NZ$49.78 B	-5.99%	🇺🇸 USA
Exxon Mobil XOM	NZ$491.43 B	828.02%	🇺🇸 USA
Chevron CVX	NZ$279.19 B	427.23%	🇺🇸 USA
Calumet Specialty Products Partners CLMT	-NZ$0.76 Billion	-101.43%	🇺🇸 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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