Red Eléctrica (RED.MC)

Net assets on the balance sheet as of June 2024 : C$8.25 Billion

According to Red Eléctrica's latest financial reports the company has C$8.25 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Red Eléctrica - Net assets on balance sheet (from 2009 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$7.12 B	33.94%
2021-12-31	$C$5.31 B	-2.88%
2020-12-31	$C$5.47 B	4.41%
2019-12-31	$C$5.24 B	0.14%
2018-12-31	$C$5.23 B	12.25%
2017-12-31	$C$4.66 B	13.04%
2016-12-31	$C$4.12 B	-1.41%
2015-12-31	$C$4.18 B	16.23%
2014-12-31	$C$3.60 B	10.15%
2013-12-31	$C$3.27 B	24.84%
2012-12-31	$C$2.61 B	9.35%
2011-12-31	$C$2.39 B	10.91%
2010-12-31	$C$2.15 B	-0.44%
2009-12-31	$C$2.16 B	-4.5%
2008-12-31	$C$2.27 B	29.67%
2007-12-31	$C$1.75 B	11.59%
2006-12-31	$C$1.57 B	18.24%
2005-12-31	$C$1.32 B	-6.98%
2004-12-31	$C$1.42 B	2.94%
2003-12-31	$C$1.38 B	3.78%
2002-12-31	$C$1.33 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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Red Eléctrica (RED.MC) - Net assets