Rand Merchant Investment (RMI.JO)

Net assets on the balance sheet as of June 2022 : $0.79 Billion USD

According to Rand Merchant Investment's latest financial reports the company has $0.79 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rand Merchant Investment - Net assets on balance sheet (from 2011 to 2022)

Net assets by year

Year	Net assets	Change
2022-06-30	$$0.79 B	-60.5%
2021-06-30	$$2.02 B	26.46%
2020-06-30	$$1.59 B	-13.9%
2019-06-30	$$1.85 B	7.45%
2018-06-30	$$1.72 B	9.59%
2017-06-30	$$1.57 B	18.15%
2016-06-30	$$1.33 B	-9.52%
2015-06-30	$$1.47 B	-4.57%
2014-06-30	$$1.54 B	8.08%
2013-06-30	$$1.43 B	-15.56%
2012-06-30	$$1.69 B	1.63%
2011-06-30	$$1.66 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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Rand Merchant Investment (RMI.JO) - Net assets