Collective Mining (CNL)

Net assets on the balance sheet as of September 2024 : A$24.5 Million

According to Collective Mining's latest financial reports the company has A$24.5 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Collective Mining - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$18.67 M	83.16%
2022-12-31	$A$10.19 M	-52.55%
2021-12-31	$A$21.48 M	772.81%
2020-12-31	$A$2.46 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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Collective Mining (CNL) - Net assets