3R Petroleum (RRRP3.SA)

Net assets on the balance sheet as of June 2024 : $0.89 Billion USD

According to 3R Petroleum's latest financial reports the company has $0.89 Billion USD 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	$$1.14 B	39.69%
2022-12-31	$$0.82 B	9.57%
2021-12-31	$$0.74 B	261.25%
2020-12-31	$$0.20 B	251.89%
2019-12-31	$$58.96 M	-10.73%
2018-12-31	$$66.05 M	-5.89%
2017-12-31	$$70.19 M	-19.58%
2016-12-31	$$87.28 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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3R Petroleum (RRRP3.SA) - Net assets