European Residential REIT (ERE-UN.TO)

Net assets on the balance sheet as of September 2024 : HK$3.54 Billion

According to European Residential REIT's latest financial reports the company has HK$3.54 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

European Residential REIT - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$3.68 B	-20%
2022-12-31	$HK$4.61 B	18.19%
2021-12-31	$HK$3.90 B	15.67%
2020-12-31	$HK$3.37 B	58.54%
2019-12-31	$HK$2.12 B	125.58%
2018-12-31	$HK$0.94 B	104.04%
2017-12-31	$HK$0.46 B	1589.58%
2016-12-31	$HK$27.35 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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European Residential REIT (ERE-UN.TO) - Net assets