Africa Israel Residences (AFRE.TA)

Net assets on the balance sheet as of June 2024 : NZ$0.78 B

According to Africa Israel Residences's latest financial reports the company has NZ$0.78 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Africa Israel Residences - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.64 B	5.34%
2022-12-31	$NZ$0.61 B	4.23%
2021-12-31	$NZ$0.58 B	21.34%
2020-12-31	$NZ$0.48 B	5.93%
2019-12-31	$NZ$0.45 B	14.54%
2018-12-31	$NZ$0.39 B	-1.31%
2017-12-31	$NZ$0.40 B	28.68%
2016-12-31	$NZ$0.31 B	10.09%
2015-12-31	$NZ$0.28 B	22.91%
2014-12-31	$NZ$0.23 B	-4.68%
2013-12-31	$NZ$0.24 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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Africa Israel Residences (AFRE.TA) - Net assets