Energy Resources of Australia (ERA.AX)

Net assets on the balance sheet as of December 2023 : -$1.11 Billion USD

According to Energy Resources of Australia's latest financial reports the company has -$1.11 Billion USD 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	$-$1.11 Billion	169.89%
2022-12-31	$-$0.42 Billion	28.07%
2021-12-31	$-$0.33 Billion	-294.4%
2020-12-31	$$0.16 B	-185.79%
2019-12-31	$-$0.2 Billion	-2.78%
2018-12-31	$-$0.2 Billion	-263.59%
2017-12-31	$$0.12 B	-15.51%
2016-12-31	$$0.14 B	-58.19%
2015-12-31	$$0.34 B	-43.9%
2014-12-31	$$0.61 B	-26.76%
2013-12-31	$$0.83 B	-25.05%
2012-12-31	$$1.11 B	-15.87%
2011-12-31	$$1.32 B	36.76%
2010-12-31	$$0.96 B	11.26%
2009-12-31	$$0.86 B	62.16%
2008-12-31	$$0.53 B	1.06%
2007-12-31	$$0.52 B	21.65%
2006-12-31	$$0.43 B	11.29%
2005-12-31	$$0.39 B	-19.98%
2004-12-31	$$0.48 B	7.1%
2003-12-31	$$0.45 B	33.77%
2002-12-31	$$0.34 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