Africa Israel Residences (AFRE.TA)

Net assets on the balance sheet as of September 2024 : S$0.67 Billion

According to Africa Israel Residences's latest financial reports the company has S$0.67 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Africa Israel Residences - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$0.53 B	3.37%
2022-12-31	$S$0.52 B	-4.18%
2021-12-31	$S$0.54 B	18.07%
2020-12-31	$S$0.45 B	10.82%
2019-12-31	$S$0.41 B	13.63%
2018-12-31	$S$0.36 B	-4.75%
2017-12-31	$S$0.38 B	21.92%
2016-12-31	$S$0.31 B	14.13%
2015-12-31	$S$0.27 B	14.67%
2014-12-31	$S$0.24 B	-5.05%
2013-12-31	$S$0.25 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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Africa Israel Residences (AFRE.TA) - Net assets