Vulcan Energy Resources (VUL.AX)

Net assets on the balance sheet as of December 2023 : A$0.45 Billion

According to Vulcan Energy Resources's latest financial reports the company has A$0.45 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Vulcan Energy Resources - Net assets on balance sheet (from 2019 to 2021)

Net assets by year

Year	Net assets	Change
2021-06-30	$A$81.43 M	1400.04%
2020-06-30	$A$5.42 M	132.36%
2019-06-30	$A$2.33 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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Vulcan Energy Resources (VUL.AX) - Net assets