Fortress REIT (FFB.JO)

Net assets on the balance sheet as of June 2024 : $1.66 Billion USD

According to Fortress REIT's latest financial reports the company has $1.66 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fortress REIT - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$$1.78 B	7.48%
2022-06-30	$$1.66 B	-12.87%
2021-06-30	$$1.90 B	35.8%
2020-06-30	$$1.40 B	-43.52%
2019-06-30	$$2.48 B	-7.91%
2018-06-30	$$2.70 B	-22.2%
2017-06-30	$$3.47 B	25.38%
2016-06-30	$$2.77 B	152.16%
2015-06-30	$$1.09 B	100.77%
2014-06-30	$$0.54 B	67.12%
2013-06-30	$$0.32 B	60.85%
2012-06-30	$$0.20 B	81.11%
2011-06-30	$$0.11 B	134.28%
2010-06-30	$$47.97 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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Fortress REIT (FFB.JO) - Net assets