Navitas Petroleum (NVPT.TA)

Net assets on the balance sheet as of June 2024 : S$0.62 Billion

According to Navitas Petroleum's latest financial reports the company has S$0.62 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$S$0.50 B	7.38%
2022-12-31	$S$0.46 B	21.43%
2021-12-31	$S$0.38 B	241.24%
2020-12-31	$S$0.11 B	257.79%
2019-12-31	$S$31.59 M	-1443.74%
2018-12-31	$-S$2.36 Million	-113.9%
2017-12-31	$S$16.91 M	-189.07%
2016-12-31	$-S$18.99 Million	632.64%
2015-12-31	$-S$2.6 Million

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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Navitas Petroleum (NVPT.TA) - Net assets