Arafura Rare Earths (ARU.AX)

Net assets on the balance sheet as of June 2024 : $96.45 Million USD

According to Arafura Rare Earths's latest financial reports the company has $96.45 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Arafura Rare Earths - Net assets on balance sheet (from 2004 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$$96.45 M	-32.2%
2023-06-30	$$0.14 B	56.2%
2022-06-30	$$91.07 M	-0.66%
2021-06-30	$$91.68 M	3.85%
2020-06-30	$$88.27 M	20.17%
2019-06-30	$$73.45 M	-0.22%
2018-06-30	$$73.62 M	-5.68%
2017-06-30	$$78.05 M	6.09%
2016-06-30	$$73.57 M	-26.46%
2015-06-30	$$0.10 B	-21.02%
2014-06-30	$$0.12 B	-1.75%
2013-06-30	$$0.12 B	-11.87%
2012-06-30	$$0.14 B	-3.82%
2011-06-30	$$0.15 B	199.57%
2010-06-30	$$50.77 M	80.69%
2009-06-30	$$28.09 M	10.57%
2008-06-30	$$25.41 M	125.81%
2007-06-30	$$11.25 M	52.01%
2006-06-30	$$7.4 M	154.98%
2005-06-30	$$2.9 M	26.27%
2004-06-30	$$2.29 M	-2.19%
2003-06-30	$$2.35 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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Arafura Rare Earths (ARU.AX) - Net assets