Valaris (VAL) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$3.60 Billion

According to Valaris's latest financial reports the company has NZ$3.60 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Valaris - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$3.15 B	54.47%
2022-12-31	$NZ$2.04 B	29.6%
2021-12-31	$NZ$1.57 B	-73.96%
2020-12-31	$NZ$6.05 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Sherwin-Williams SHW	NZ$6.19 B	71.52%	🇺🇸 USA
RPM International RPM	NZ$4.14 B	14.85%	🇺🇸 USA
PPG Industries PPG	NZ$13.11 B	263.22%	🇺🇸 USA
H.B. Fuller FUL	NZ$3.03 B	-15.80%	🇺🇸 USA
Quaker Houghton KWR	NZ$2.30 B	-36.20%	🇺🇸 USA
Dupont De Nemours DD	NZ$39.21 B	986.40%	🇺🇸 USA
Masco MAS	NZ$0.30 B	-91.68%	🇺🇸 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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Valaris (VAL) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$3.60 Billion