Collective Mining (CNL)

Net assets on the balance sheet as of June 2024 : £16.8 Million

According to Collective Mining's latest financial reports the company has £16.8 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Collective Mining - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$£9.98 M	74.14%
2022-12-31	$£5.73 M	-50.31%
2021-12-31	$£11.54 M	730.99%
2020-12-31	$£1.38 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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Collective Mining (CNL) - Net assets