VEEM Ltd (VEE.AX) - Net Assets

Net assets on the balance sheet as of June 2024 : €30.7 Million

According to VEEM Ltd's latest financial reports the company has €30.7 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

VEEM Ltd - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$€32.64 M	14.46%
2023-06-30	$€28.51 M	-0.69%
2022-06-30	$€28.71 M	24.21%
2021-06-30	$€23.11 M	16.2%
2020-06-30	$€19.89 M	3.52%
2019-06-30	$€19.21 M	3.08%
2018-06-30	$€18.64 M	-3.64%
2017-06-30	$€19.34 M	19.06%
2016-06-30	$€16.25 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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VEEM Ltd (VEE.AX) - Net assets