The Necessity Retail REIT (RTL) - Net assets

Net assets on the balance sheet as of June 2023 : NZ$2.44 Billion

According to The Necessity Retail REIT's latest financial reports the company has NZ$2.44 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

The Necessity Retail REIT - Net assets on balance sheet (from 2015 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$2.50 B	-0.14%
2021-12-31	$NZ$2.50 B	6.3%
2020-12-31	$NZ$2.35 B	-6.81%
2019-12-31	$NZ$2.52 B	5.32%
2018-12-31	$NZ$2.39 B	-2.11%
2017-12-31	$NZ$2.45 B	72.42%
2016-12-31	$NZ$1.42 B	-13.64%
2015-12-31	$NZ$1.64 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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