European Residential REIT (ERE-UN.TO)

Net assets on the balance sheet as of June 2024 : C$0.67 B

According to European Residential REIT's latest financial reports the company has C$0.67 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	$C$0.62 B	-21.77%
2022-12-31	$C$0.80 B	25.59%
2021-12-31	$C$0.63 B	14.94%
2020-12-31	$C$0.55 B	55.5%
2019-12-31	$C$0.35 B	117.48%
2018-12-31	$C$0.16 B	120.56%
2017-12-31	$C$74.37 M	1468.88%
2016-12-31	$C$4.74 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