3R Petroleum (RRRP3.SA)

Net assets on the balance sheet as of June 2024 : S$1.22 Billion

According to 3R Petroleum's latest financial reports the company has S$1.22 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

3R Petroleum - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$1.51 B	37.61%
2022-12-31	$S$1.10 B	8.66%
2021-12-31	$S$1.01 B	269.17%
2020-12-31	$S$0.27 B	245.31%
2019-12-31	$S$79.49 M	-11.91%
2018-12-31	$S$90.24 M	-3.88%
2017-12-31	$S$93.88 M	-25.68%
2016-12-31	$S$0.12 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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3R Petroleum (RRRP3.SA) - Net assets