Tourmaline Oil (TOU.TO)

Net assets on the balance sheet as of June 2024 : NZ$17.16 Billion

According to Tourmaline Oil 's latest financial reports the company has NZ$17.16 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Tourmaline Oil - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$16.70 B	5.18%
2022-12-31	$NZ$15.88 B	19.15%
2021-12-31	$NZ$13.33 B	32.23%
2020-12-31	$NZ$10.08 B	11.33%
2019-12-31	$NZ$9.05 B	9.3%
2018-12-31	$NZ$8.28 B	2.54%
2017-12-31	$NZ$8.08 B	11.14%
2016-12-31	$NZ$7.27 B	31.95%
2015-12-31	$NZ$5.51 B	12.47%
2014-12-31	$NZ$4.89 B	27.24%
2013-12-31	$NZ$3.85 B	15.17%
2012-12-31	$NZ$3.34 B	18.7%
2011-12-31	$NZ$2.81 B	40.95%
2010-12-31	$NZ$1.99 B	68%
2009-12-31	$NZ$1.18 B

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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Tourmaline Oil (TOU.TO) - Net assets