Fortrea (FTRE) - Net Assets

Net assets on the balance sheet as of June 2024 : $1.46 Billion USD

According to Fortrea's latest financial reports the company has $1.46 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fortrea - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$$1.73 B	-47.98%
2022-12-31	$$3.34 B	2.51%
2021-12-31	$$3.26 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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Fortrea (FTRE) - Net assets