3R Petroleum (RRRP3.SA)

Net assets on the balance sheet as of June 2024 : C$1.25 Billion

According to 3R Petroleum's latest financial reports the company has C$1.25 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	$C$1.52 B	36.54%
2022-12-31	$C$1.11 B	16.67%
2021-12-31	$C$0.95 B	261.08%
2020-12-31	$C$0.26 B	243.54%
2019-12-31	$C$77.01 M	-14.41%
2018-12-31	$C$89.98 M	1.96%
2017-12-31	$C$88.25 M	-24.76%
2016-12-31	$C$0.11 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