Renren (RENN) - Net assets

Net assets on the balance sheet as of June 2023 : £44.6 Million

According to Renren 's latest financial reports the company has £44.6 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Renren - Net assets on balance sheet (from 2011 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$£54.36 M	-46.44%
2021-12-31	$£0.10 B	7.47%
2020-12-31	$£94.45 M	-1.1%
2019-12-31	$£95.5 M	-33%
2018-12-31	$£0.14 B	8777.78%
2017-12-31	$£1.6 M	-99.73%
2016-12-31	$£0.59 B	-4.57%
2015-12-31	$£0.62 B	-11.43%
2014-12-31	$£0.70 B	-8.05%
2013-12-31	$£0.77 B	12.37%
2012-12-31	$£0.68 B	-12.01%
2011-12-31	$£0.77 B	179.24%
2010-12-31	$£0.27 B	-634.12%
2009-12-31	$-£52.22 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Sohu.com SOHU	£0.78 B	1,668.88%	🇨🇳 China
Baidu BIDU	£29.83 B	66,790.08%	🇨🇳 China
Weibo WB	£2.71 B	5,978.40%	🇨🇳 China
JOYY YY	£4.21 B	9,347.28%	🇨🇳 China

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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