Phillips Edison & Company (PECO)

Net assets on the balance sheet as of September 2024 : HK$20.02 Billion

According to Phillips Edison & Company's latest financial reports the company has HK$20.02 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Phillips Edison & Company - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$20.72 B	2.11%
2022-12-31	$HK$20.29 B	5.1%
2021-12-31	$HK$19.30 B	23.56%
2020-12-31	$HK$15.62 B	-7.48%
2019-12-31	$HK$16.89 B	-10.61%
2018-12-31	$HK$18.89 B	63.55%
2017-12-31	$HK$11.55 B	21.64%
2016-12-31	$HK$9.49 B	-5.14%
2015-12-31	$HK$10.01 B	-8.33%
2014-12-31	$HK$10.92 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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Phillips Edison & Company (PECO) - Net assets