Grenergy Renovables (GRE.MC)

Net assets on the balance sheet as of December 2023 : S$0.51 Billion

According to Grenergy Renovables's latest financial reports the company has S$0.51 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Grenergy Renovables - Net assets on balance sheet (from 2014 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$0.50 B	42.55%
2022-12-31	$S$0.35 B	44.88%
2021-12-31	$S$0.24 B	205.78%
2020-12-31	$S$79.46 M	41.83%
2019-12-31	$S$56.02 M	41.64%
2018-12-31	$S$39.55 M	53.65%
2017-12-31	$S$25.74 M	26.23%
2016-12-31	$S$20.39 M	6.05%
2015-12-31	$S$19.23 M	67.67%
2014-12-31	$S$11.46 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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Grenergy Renovables (GRE.MC) - Net assets