Encounter Resources (ENR.AX)

Net assets on the balance sheet as of June 2023 : A$28.83 M

According to Encounter Resources's latest financial reports the company has A$28.83 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Encounter Resources - Net assets on balance sheet (from 2006 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$A$28.84 M	78.12%
2022-06-30	$A$16.19 M	-24.71%
2021-06-30	$A$21.5 M	31.67%
2020-06-30	$A$16.33 M	3.89%
2019-06-30	$A$15.72 M	5.44%
2018-06-30	$A$14.91 M	-32.26%
2017-06-30	$A$22.01 M	10.27%
2016-06-30	$A$19.96 M	-12.5%
2015-06-30	$A$22.81 M	3.66%
2014-06-30	$A$22 M	-1.84%
2013-06-30	$A$22.42 M	12.55%
2012-06-30	$A$19.92 M	34.49%
2011-06-30	$A$14.81 M	74.7%
2010-06-30	$A$8.47 M	40.13%
2009-06-30	$A$6.05 M	-22.51%
2008-06-30	$A$7.8 M	-7.94%
2007-06-30	$A$8.48 M	75.34%
2006-06-30	$A$4.83 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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Encounter Resources (ENR.AX) - Net assets