International Petroleum (IPCO.TO)

Net assets on the balance sheet as of September 2024 : S$1.40 Billion

According to International Petroleum's latest financial reports the company has S$1.40 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

International Petroleum - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$1.42 B	10.24%
2022-12-31	$S$1.29 B	12.94%
2021-12-31	$S$1.14 B	22.25%
2020-12-31	$S$0.93 B	-12.09%
2019-12-31	$S$1.06 B	12.16%
2018-12-31	$S$0.95 B	131.54%
2017-12-31	$S$0.41 B	-29.98%
2016-12-31	$S$0.58 B	-30.06%
2015-12-31	$S$0.83 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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International Petroleum (IPCO.TO) - Net assets