Africa Israel Residences (AFRE.TA)

Net assets on the balance sheet as of September 2024 : A$0.79 Billion

According to Africa Israel Residences's latest financial reports the company has A$0.79 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Africa Israel Residences - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.59 B	4.8%
2022-12-31	$A$0.57 B	2.94%
2021-12-31	$A$0.55 B	22.54%
2020-12-31	$A$0.45 B	2.84%
2019-12-31	$A$0.43 B	15.85%
2018-12-31	$A$0.37 B	3.35%
2017-12-31	$A$0.36 B	21.81%
2016-12-31	$A$0.30 B	12.74%
2015-12-31	$A$0.26 B	20.33%
2014-12-31	$A$0.22 B	-0.77%
2013-12-31	$A$0.22 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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Africa Israel Residences (AFRE.TA) - Net assets