Rhinebeck Bancorp (RBKB)

Net assets on the balance sheet as of September 2024 : S$0.16 Billion

According to Rhinebeck Bancorp's latest financial reports the company has S$0.16 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rhinebeck Bancorp - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$0.15 B	3.57%
2022-12-31	$S$0.14 B	-14.88%
2021-12-31	$S$0.17 B	10.5%
2020-12-31	$S$0.15 B	4.04%
2019-12-31	$S$0.14 B	82.93%
2018-12-31	$S$80.98 M	10.13%
2017-12-31	$S$73.53 M	-3.26%
2016-12-31	$S$76 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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Rhinebeck Bancorp (RBKB) - Net assets