3R Petroleum (RRRP3.SA)

Net assets on the balance sheet as of June 2024 : £0.70 Billion

According to 3R Petroleum's latest financial reports the company has £0.70 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

3R Petroleum - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$£0.90 B	32.65%
2022-12-31	$£0.67 B	22.26%
2021-12-31	$£0.55 B	264.8%
2020-12-31	$£0.15 B	238.53%
2019-12-31	$£44.96 M	-13.59%
2018-12-31	$£52.03 M	0.2%
2017-12-31	$£51.93 M	-26.58%
2016-12-31	$£70.73 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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3R Petroleum (RRRP3.SA) - Net assets