Quantum Graphite (QGL.AX)

Net assets on the balance sheet as of June 2023 : £8.99 Million

According to Quantum Graphite's latest financial reports the company has £8.99 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Quantum Graphite - Net assets on balance sheet (from 2015 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$£9.25 M	-3.12%
2022-06-30	$£9.55 M	0.44%
2021-06-30	$£9.51 M	10.73%
2020-06-30	$£8.59 M	-5.01%
2019-06-30	$£9.04 M	2255.15%
2018-06-30	$£0.38 M	-300.69%
2017-06-30	$-£0.2 Million	-114.73%
2016-06-30	$£1.29 M	-78.18%
2015-06-30	$£5.95 M	24.69%
2014-06-30	$£4.77 M	-20.33%
2013-06-30	$£5.99 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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Quantum Graphite (QGL.AX) - Net assets