Red Eléctrica (RED.MC)

Net assets on the balance sheet as of June 2024 : A$8.83 Billion

According to Red Eléctrica's latest financial reports the company has A$8.83 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Red Eléctrica - Net assets on balance sheet (from 2009 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$7.71 B	34.02%
2021-12-31	$A$5.75 B	3.06%
2020-12-31	$A$5.58 B	-2.62%
2019-12-31	$A$5.73 B	5.09%
2018-12-31	$A$5.45 B	14.81%
2017-12-31	$A$4.75 B	11.56%
2016-12-31	$A$4.26 B	2.86%
2015-12-31	$A$4.14 B	9.23%
2014-12-31	$A$3.79 B	10.13%
2013-12-31	$A$3.44 B	35.87%
2012-12-31	$A$2.53 B	10.36%
2011-12-31	$A$2.29 B	7.97%
2010-12-31	$A$2.12 B	-7.32%
2009-12-31	$A$2.29 B	-13.33%
2008-12-31	$A$2.64 B	31.84%
2007-12-31	$A$2.00 B	17.42%
2006-12-31	$A$1.71 B	9.74%
2005-12-31	$A$1.55 B	1.49%
2004-12-31	$A$1.53 B	6.79%
2003-12-31	$A$1.43 B	-4.22%
2002-12-31	$A$1.50 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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Red Eléctrica (RED.MC) - Net assets