Quantum Graphite (QGL.AX)

Net assets on the balance sheet as of June 2023 : C$16.06 Million

According to Quantum Graphite's latest financial reports the company has C$16.06 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Quantum Graphite - Net assets on balance sheet (from 2015 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$C$15.47 M	3.61%
2022-06-30	$C$14.93 M	-8.52%
2021-06-30	$C$16.32 M	13.02%
2020-06-30	$C$14.44 M	-4.16%
2019-06-30	$C$15.07 M	2159.38%
2018-06-30	$C$0.66 M	-306.21%
2017-06-30	$-C$0.33 Million	-114.29%
2016-06-30	$C$2.26 M	-80.54%
2015-06-30	$C$11.63 M	34.01%
2014-06-30	$C$8.67 M	-9.55%
2013-06-30	$C$9.59 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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Quantum Graphite (QGL.AX) - Net assets