Phillips Edison & Company (PECO)

Net assets on the balance sheet as of September 2024 : NZ$4.59 Billion

According to Phillips Edison & Company's latest financial reports the company has NZ$4.59 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Phillips Edison & Company - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$4.19 B	2.56%
2022-12-31	$NZ$4.09 B	12.84%
2021-12-31	$NZ$3.62 B	29.76%
2020-12-31	$NZ$2.79 B	-13.24%
2019-12-31	$NZ$3.22 B	-10.48%
2018-12-31	$NZ$3.59 B	72.77%
2017-12-31	$NZ$2.08 B	17.75%
2016-12-31	$NZ$1.76 B	-6.32%
2015-12-31	$NZ$1.88 B	5.02%
2014-12-31	$NZ$1.79 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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Phillips Edison & Company (PECO) - Net assets