Renren (RENN) - Net Assets

Net assets on the balance sheet as of June 2023 : $56.15 Million USD

According to Renren 's latest financial reports the company has $56.15 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Renren - Net assets on balance sheet (from 2011 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$$65.76 M	-52%
2021-12-31	$$0.13 B	6.42%
2020-12-31	$$0.12 B	2.8%
2019-12-31	$$0.12 B	-30.79%
2018-12-31	$$0.18 B	8238.16%
2017-12-31	$$2.17 M	-99.71%
2016-12-31	$$0.73 B	-20.54%
2015-12-31	$$0.92 B	-15.69%
2014-12-31	$$1.10 B	-13.22%
2013-12-31	$$1.27 B	14.68%
2012-12-31	$$1.10 B	-8.5%
2011-12-31	$$1.21 B	181.15%
2010-12-31	$$0.43 B	-609.53%
2009-12-31	$-$84.51 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Sohu.com SOHU	$0.97 B	1,634.14%	🇨🇳 China
Baidu BIDU	$39.82 B	70,816.15%	🇨🇳 China
Weibo WB	$3.67 B	6,449.16%	🇨🇳 China
JOYY YY	$5.30 B	9,347.28%	🇨🇳 China

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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Renren (RENN) - Net assets

Net assets on the balance sheet as of June 2023 : $56.15 Million USD