European Residential REIT (ERE-UN.TO)

Net assets on the balance sheet as of September 2024 : NZ$0.81 Billion

According to European Residential REIT's latest financial reports the company has NZ$0.81 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

European Residential REIT - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.74 B	-19.65%
2022-12-31	$NZ$0.92 B	26.9%
2021-12-31	$NZ$0.73 B	21.47%
2020-12-31	$NZ$0.60 B	48.67%
2019-12-31	$NZ$0.40 B	125.91%
2018-12-31	$NZ$0.17 B	115.53%
2017-12-31	$NZ$83.29 M	1535.59%
2016-12-31	$NZ$5.09 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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European Residential REIT (ERE-UN.TO) - Net assets