Metals Exploration (MTL.L)

Net assets on the balance sheet as of December 2023 : A$0.21 Billion

According to Metals Exploration's latest financial reports the company has A$0.21 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Metals Exploration - Net assets on balance sheet (from 2005 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.19 B	653.09%
2022-12-31	$A$26.1 M	98.71%
2021-12-31	$A$13.13 M	-1008.79%
2020-12-31	$-A$1.45 Million	-92.65%
2019-12-31	$-A$19.68 Million	-54.49%
2018-12-31	$-A$43.25 Million	-123.17%
2017-12-31	$A$0.18 B	-17.87%
2016-12-31	$A$0.22 B	-0.17%
2015-12-31	$A$0.22 B	11.18%
2014-12-31	$A$0.20 B	4.12%
2013-12-31	$A$0.19 B	55.32%
2012-12-31	$A$0.12 B	20.94%
2011-12-31	$A$0.10 B	221.26%
2010-12-31	$A$32.58 M	-26.88%
2009-12-31	$A$44.56 M	61.66%
2008-12-31	$A$27.56 M
2008-09-30	$A$25.19 M	12.98%
2007-09-30	$A$22.29 M	277.99%
2006-09-30	$A$5.89 M	-1.8%
2005-09-30	$A$6 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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Metals Exploration (MTL.L) - Net assets