Sovereign Metals (SVM.AX)

Net assets on the balance sheet as of June 2024 : £18.32 Million

According to Sovereign Metals's latest financial reports the company has £18.32 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sovereign Metals - Net assets on balance sheet (from 2008 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$£18.17 M	258.08%
2023-06-30	$£5.07 M	-64.43%
2022-06-30	$£14.26 M	74.38%
2021-06-30	$£8.18 M	57.66%
2020-06-30	$£5.19 M	-7.5%
2019-06-30	$£5.61 M	-2.65%
2018-06-30	$£5.76 M	6.51%
2017-06-30	$£5.41 M	9.95%
2016-06-30	$£4.92 M	32.44%
2015-06-30	$£3.71 M	-32.62%
2014-06-30	$£5.51 M	1.87%
2013-06-30	$£5.41 M	266.7%
2012-06-30	$£1.47 M	-17.91%
2011-06-30	$£1.79 M	329.25%
2010-06-30	$£0.41 M	-43.63%
2009-06-30	$£0.74 M	-67.64%
2008-06-30	$£2.29 M	-26.66%
2007-06-30	$£3.13 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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Sovereign Metals (SVM.AX) - Net assets