European Residential REIT (ERE-UN.TO)

Net assets on the balance sheet as of June 2024 : $0.49 B

According to European Residential REIT's latest financial reports the company has $0.49 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	$$0.47 B	-19.97%
2022-12-31	$$0.59 B	17.95%
2021-12-31	$$0.50 B	14.99%
2020-12-31	$$0.43 B	59.28%
2019-12-31	$$0.27 B	126.82%
2018-12-31	$$0.12 B	103.57%
2017-12-31	$$59.15 M	1576.95%
2016-12-31	$$3.52 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