Grenergy Renovables (GRE.MC)

Net assets on the balance sheet as of December 2023 : A$0.56 B

According to Grenergy Renovables's latest financial reports the company has A$0.56 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Grenergy Renovables - Net assets on balance sheet (from 2014 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.55 B	44.53%
2022-12-31	$A$0.38 B	55.66%
2021-12-31	$A$0.24 B	217.37%
2020-12-31	$A$78.11 M	31.61%
2019-12-31	$A$59.35 M	44.41%
2018-12-31	$A$41.1 M	66.7%
2017-12-31	$A$24.65 M	26.12%
2016-12-31	$A$19.54 M	4.75%
2015-12-31	$A$18.66 M	75.95%
2014-12-31	$A$10.6 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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Grenergy Renovables (GRE.MC) - Net assets