Adamas One (JEWL) - Net Assets

Net assets on the balance sheet as of June 2024 : -A$2.63 Million

According to Adamas One's latest financial reports the company has -A$2.63 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Adamas One - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2022-09-30	$-A$7.36 Million	-16.99%
2021-09-30	$-A$8.86 Million	112.14%
2020-09-30	$-A$4.18 Million

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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Adamas One (JEWL) - Net assets