Energy Resources of Australia (ERA.AX)

Net assets on the balance sheet as of December 2023 : -C$1.6 Billion

According to Energy Resources of Australia's latest financial reports the company has -C$1.6 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Energy Resources of Australia - Net assets on balance sheet (from 2002 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$-C$1.48 Billion	163.8%
2022-12-31	$-C$0.56 Billion	36.36%
2021-12-31	$-C$0.41 Billion	-294.3%
2020-12-31	$C$0.21 B	-183.76%
2019-12-31	$-C$0.26 Billion	-6.78%
2018-12-31	$-C$0.27 Billion	-277.24%
2017-12-31	$C$0.15 B	-20.96%
2016-12-31	$C$0.19 B	-59.5%
2015-12-31	$C$0.47 B	-32.93%
2014-12-31	$C$0.70 B	-20.15%
2013-12-31	$C$0.88 B	-19.76%
2012-12-31	$C$1.10 B	-17.75%
2011-12-31	$C$1.34 B	39.17%
2010-12-31	$C$0.96 B	5.7%
2009-12-31	$C$0.91 B	40.33%
2008-12-31	$C$0.65 B	23.17%
2007-12-31	$C$0.52 B	4.23%
2006-12-31	$C$0.50 B	11.29%
2005-12-31	$C$0.45 B	-22.43%
2004-12-31	$C$0.58 B	-0.84%
2003-12-31	$C$0.59 B	9.87%
2002-12-31	$C$0.53 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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Energy Resources of Australia (ERA.AX) - Net assets