Latin Resources (LRS.AX)

Net assets on the balance sheet as of December 2023 : A$0.11 Billion

According to Latin Resources's latest financial reports the company has A$0.11 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.11 B	128.24%
2022-12-31	$A$50.57 M	280.99%
2021-12-31	$A$13.27 M	20.34%
2020-12-31	$A$11.03 M	-1597.01%
2019-12-31	$-A$0.74 Million	-154.04%
2018-12-31	$A$1.36 M	-73.6%
2017-12-31	$A$5.16 M	40.17%
2016-12-31	$A$3.68 M	-25.77%
2015-12-31	$A$4.96 M	-56.66%
2014-12-31	$A$11.45 M
2012-06-30	$A$1.04 M	-69.9%
2011-06-30	$A$3.46 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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Latin Resources (LRS.AX) - Net assets