Deterra Royalties (DRR.AX)

Net assets on the balance sheet as of June 2024 : £40.3 Million

According to Deterra Royalties's latest financial reports the company has £40.3 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Deterra Royalties - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$£42.5 M	-12.09%
2023-06-30	$£48.35 M	-28.13%
2022-06-30	$£67.27 M	100.81%
2021-06-30	$£33.5 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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Deterra Royalties (DRR.AX) - Net assets