Angel Oak REIT (AOMR)

Net assets on the balance sheet as of June 2024 : NZ$0.41 B

According to Angel Oak REIT's latest financial reports the company has NZ$0.41 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Angel Oak REIT - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.37 B	-48.09%
2021-12-31	$NZ$0.71 B	107.82%
2020-12-31	$NZ$0.34 B	145.51%
2019-12-31	$NZ$0.14 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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Angel Oak REIT (AOMR) - Net assets