Polymetals Resources (POL.AX)

Net assets on the balance sheet as of June 2024 : A$28.14 Million

According to Polymetals Resources's latest financial reports the company has A$28.14 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Polymetals Resources - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$A$26.82 M	45.63%
2023-06-30	$A$18.42 M	229.2%
2022-06-30	$A$5.59 M	-11.31%
2021-06-30	$A$6.3 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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Polymetals Resources (POL.AX) - Net assets