Veridis Environment (VRDS.TA)

Net assets on the balance sheet as of June 2024 : A$0.74 Billion

According to Veridis Environment's latest financial reports the company has A$0.74 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Veridis Environment - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.75 B	103.85%
2022-12-31	$A$0.37 B	9.38%
2021-12-31	$A$0.33 B	39.93%
2020-12-31	$A$0.24 B	36.1%
2019-12-31	$A$0.17 B

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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Veridis Environment (VRDS.TA) - Net assets