Arafura Rare Earths (ARU.AX)

Net assets on the balance sheet as of June 2024 : £74.25 Million

According to Arafura Rare Earths's latest financial reports the company has £74.25 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Arafura Rare Earths - Net assets on balance sheet (from 2004 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$£76.23 M	-32.4%
2023-06-30	$£0.11 B	50.22%
2022-06-30	$£75.07 M	13.35%
2021-06-30	$£66.23 M	-7.64%
2020-06-30	$£71.7 M	23.93%
2019-06-30	$£57.86 M	3.82%
2018-06-30	$£55.73 M	-7.09%
2017-06-30	$£59.99 M	9.8%
2016-06-30	$£54.63 M	-14.08%
2015-06-30	$£63.59 M	-14.49%
2014-06-30	$£74.36 M	-12.26%
2013-06-30	$£84.75 M	-9.11%
2012-06-30	$£93.24 M	-1.45%
2011-06-30	$£94.61 M	178.49%
2010-06-30	$£33.97 M	99.1%
2009-06-30	$£17.06 M	33.83%
2008-06-30	$£12.75 M	126.84%
2007-06-30	$£5.62 M	40.39%
2006-06-30	$£4 M	146.88%
2005-06-30	$£1.62 M	28.38%
2004-06-30	$£1.26 M	-11.41%
2003-06-30	$£1.42 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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Arafura Rare Earths (ARU.AX) - Net assets