RENK Group (R3NK.DE)

Net assets on the balance sheet as of June 2024 : NZ$0.71 Billion

According to RENK Group's latest financial reports the company has NZ$0.71 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

RENK Group - Net assets on balance sheet (from 2023 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.55 B	11.44%
2021-12-31	$NZ$0.49 B	44.39%
2020-12-31	$NZ$0.34 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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RENK Group (R3NK.DE) - Net assets