3R Petroleum (RRRP3.SA)

Net assets on the balance sheet as of June 2024 : A$1.38 Billion

According to 3R Petroleum's latest financial reports the company has A$1.38 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	$A$1.68 B	39.52%
2022-12-31	$A$1.20 B	16.73%
2021-12-31	$A$1.03 B	283.15%
2020-12-31	$A$0.26 B	220.41%
2019-12-31	$A$84.22 M	-10.18%
2018-12-31	$A$93.76 M	4.29%
2017-12-31	$A$89.91 M	-25.75%
2016-12-31	$A$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