Renren (RENN) - Net assets

Net assets on the balance sheet as of June 2023 : ₹5.04 Billion

According to Renren 's latest financial reports the company has ₹5.04 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Renren - Net assets on balance sheet (from 2011 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹5.44 B	-46.64%
2021-12-31	$₹10.19 B	8.31%
2020-12-31	$₹9.41 B	5.43%
2019-12-31	$₹8.93 B	-29.41%
2018-12-31	$₹12.65 B	9031.05%
2017-12-31	$₹0.13 B	-99.72%
2016-12-31	$₹50.18 B	-18.75%
2015-12-31	$₹61.76 B	-11.6%
2014-12-31	$₹69.86 B	-10.97%
2013-12-31	$₹78.47 B	29.39%
2012-12-31	$₹60.65 B	-5.29%
2011-12-31	$₹64.03 B	231.91%
2010-12-31	$₹19.29 B	-592.07%
2009-12-31	$-₹3.93 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Sohu.com SOHU	₹95.41 B	1,791.20%	🇨🇳 China
Baidu BIDU	₹3.736 T	73,952.07%	🇨🇳 China
Weibo WB	₹330.21 B	6,445.18%	🇨🇳 China
JOYY JOYY	₹594.86 B	11,690.95%	🇨🇳 China

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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