Encounter Resources (ENR.AX)

Net assets on the balance sheet as of June 2024 : $24.26 Million USD

According to Encounter Resources's latest financial reports the company has $24.26 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Encounter Resources - Net assets on balance sheet (from 2006 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$$19.09 M	71.37%
2022-06-30	$$11.14 M	-31.05%
2021-06-30	$$16.15 M	43.96%
2020-06-30	$$11.22 M	1.67%
2019-06-30	$$11.04 M	0.01%
2018-06-30	$$11.03 M	-34.75%
2017-06-30	$$16.91 M	13.45%
2016-06-30	$$14.91 M	-14.82%
2015-06-30	$$17.5 M	-15.54%
2014-06-30	$$20.72 M	1.14%
2013-06-30	$$20.49 M	0.43%
2012-06-30	$$20.4 M	28.82%
2011-06-30	$$15.83 M	122.03%
2010-06-30	$$7.13 M	46.24%
2009-06-30	$$4.87 M	-34.79%
2008-06-30	$$7.48 M	4.16%
2007-06-30	$$7.18 M	99.89%
2006-06-30	$$3.59 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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Encounter Resources (ENR.AX) - Net assets