European Residential REIT (ERE-UN.TO)

Net assets on the balance sheet as of June 2024 : A$0.73 B

According to European Residential REIT's latest financial reports the company has A$0.73 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

European Residential REIT - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.69 B	-20.06%
2022-12-31	$A$0.86 B	25.66%
2021-12-31	$A$0.69 B	21.96%
2020-12-31	$A$0.56 B	45.03%
2019-12-31	$A$0.39 B	128.23%
2018-12-31	$A$0.17 B	125.6%
2017-12-31	$A$75.77 M	1448.33%
2016-12-31	$A$4.89 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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European Residential REIT (ERE-UN.TO) - Net assets