Rite Aid (RAD) - Net assets

Net assets on the balance sheet as of August 2023 : -NZ$3.18 B

According to Rite Aid 's latest financial reports the company has -NZ$3.18 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rite Aid - Net assets on balance sheet (from 2001 to 2023)

Net assets by year

Year	Net assets	Change
2023-02-28	$-NZ$1.04 B	-808.27%
2022-02-28	$NZ$0.14 B	-82.8%
2021-02-28	$NZ$0.85 B
2020-02-29	$NZ$1.07 B
2019-02-28	$NZ$1.74 B	-21.34%
2018-02-28	$NZ$2.21 B	161.03%
2017-02-28	$NZ$0.84 B
2016-02-29	$NZ$0.87 B
2015-02-28	$NZ$75.51 M	-102.99%
2014-02-28	$-NZ$2.53 B	-15.53%
2013-02-28	$-NZ$2.99 B
2012-02-29	$-NZ$3.09 B
2011-02-28	$-NZ$2.95 B	23.19%
2010-02-28	$-NZ$2.4 B	1.54%
2009-02-28	$-NZ$2.36 B
2008-02-29	$NZ$2.09 B
2007-02-28	$NZ$2.35 B	-3.05%
2006-02-28	$NZ$2.43 B	444.36%
2005-02-28	$NZ$0.44 B
2004-02-29	$NZ$13.47 M
2003-02-28	$-NZ$0.2 B	-966.35%
2002-02-28	$NZ$22.91 M	-102.79%
2001-02-28	$-NZ$0.83 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
CVS Health CVS	NZ$121.40 B	-3,919.97%	🇺🇸 USA
1-800-PetMeds PETS	NZ$0.15 B	-104.76%	🇺🇸 USA

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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