Lithium Royalty Corp. (LIRC.TO)

Net assets on the balance sheet as of June 2024 : A$0.23 Billion

According to Lithium Royalty Corp.'s latest financial reports the company has A$0.23 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Lithium Royalty Corp. - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.22 B	6.62%
2022-12-31	$A$0.20 B	50.09%
2021-12-31	$A$0.13 B	205.84%
2020-12-31	$A$44.99 M	-4.51%
2019-12-31	$A$47.11 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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Lithium Royalty Corp. (LIRC.TO) - Net assets