Phillips Edison & Company (PECO)

Net assets on the balance sheet as of September 2024 : $2.57 Billion USD

According to Phillips Edison & Company's latest financial reports the company has $2.57 Billion USD 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	$$2.65 B	2.15%
2022-12-31	$$2.59 B	4.89%
2021-12-31	$$2.47 B	22.84%
2020-12-31	$$2.01 B	-7.05%
2019-12-31	$$2.16 B	-10.12%
2018-12-31	$$2.41 B	63.18%
2017-12-31	$$1.47 B	20.73%
2016-12-31	$$1.22 B	-5.19%
2015-12-31	$$1.29 B	-8.26%
2014-12-31	$$1.40 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