European Residential REIT (ERE-UN.TO)

Net assets on the balance sheet as of June 2024 : S$0.64 B

According to European Residential REIT's latest financial reports the company has S$0.64 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

European Residential REIT - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$0.62 B	-21.15%
2022-12-31	$S$0.79 B	16.97%
2021-12-31	$S$0.67 B	17.51%
2020-12-31	$S$0.57 B	56.29%
2019-12-31	$S$0.36 B	123.84%
2018-12-31	$S$0.16 B	107.93%
2017-12-31	$S$79.12 M	1449.73%
2016-12-31	$S$5.1 M

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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European Residential REIT (ERE-UN.TO) - Net assets