Sable Offshore (SOC)

Net assets on the balance sheet as of June 2024 : $0.12 Billion USD

According to Sable Offshore's latest financial reports the company has $0.12 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sable Offshore - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$$7.93 M	-97.08%
2022-12-31	$$0.27 B	-0.92%
2021-12-31	$$0.27 B	1176100.85%
2020-12-31	$$0.02 M

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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Sable Offshore (SOC) - Net assets