Rhinebeck Bancorp (RBKB)

Net assets on the balance sheet as of June 2024 : A$0.17 Billion

According to Rhinebeck Bancorp's latest financial reports the company has A$0.17 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rhinebeck Bancorp - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.16 B	5.01%
2022-12-31	$A$0.15 B	-8.55%
2021-12-31	$A$0.17 B	14.68%
2020-12-31	$A$0.15 B	-3.46%
2019-12-31	$A$0.15 B	86.52%
2018-12-31	$A$84.14 M	19.49%
2017-12-31	$A$70.42 M	-3.34%
2016-12-31	$A$72.85 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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Rhinebeck Bancorp (RBKB) - Net assets