Piedmont Office Realty Trust (PDM) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$2.88 Billion

According to Piedmont Office Realty Trust's latest financial reports the company has NZ$2.88 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Piedmont Office Realty Trust - Net assets on balance sheet (from 2005 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$2.72 B	-6.46%
2022-12-31	$NZ$2.91 B	11.3%
2021-12-31	$NZ$2.61 B	-0.52%
2020-12-31	$NZ$2.63 B	-2.61%
2019-12-31	$NZ$2.70 B	5.81%
2018-12-31	$NZ$2.55 B	-8.74%
2017-12-31	$NZ$2.79 B	-7.64%
2016-12-31	$NZ$3.02 B	-2.39%
2015-12-31	$NZ$3.10 B	5.14%
2014-12-31	$NZ$2.95 B	-1.47%
2013-12-31	$NZ$2.99 B	-6.69%
2012-12-31	$NZ$3.20 B	-9.67%
2011-12-31	$NZ$3.55 B	-1.15%
2010-12-31	$NZ$3.59 B	0.16%
2009-12-31	$NZ$3.58 B	-22.92%
2008-12-31	$NZ$4.65 B	23.55%
2007-12-31	$NZ$3.76 B	-7.05%
2006-12-31	$NZ$4.05 B	-7.45%
2005-12-31	$NZ$4.38 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Corporate Office Properties Trust OFC	NZ$2.73 B	-5.06%	🇺🇸 USA
NNN REIT NNN	NZ$7.72 B	168.00%	🇺🇸 USA
ARMOUR Residential REIT ARR	NZ$2.32 B	-19.22%	🇺🇸 USA
Diamondrock Hospitality Company DRH	NZ$2.93 B	1.70%	🇺🇸 USA

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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