Superior Resources (SPQ.AX)

Net assets on the balance sheet as of June 2023 : £8 Million

According to Superior Resources's latest financial reports the company has £8 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Superior Resources - Net assets on balance sheet (from 2008 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$£8.04 M	13.64%
2022-06-30	$£7.08 M	80%
2021-06-30	$£3.93 M	41.74%
2020-06-30	$£2.77 M	16.13%
2019-06-30	$£2.39 M	-9.94%
2018-06-30	$£2.65 M	37.75%
2017-06-30	$£1.92 M	40.5%
2016-06-30	$£1.37 M	-41.68%
2015-06-30	$£2.35 M	-10.63%
2014-06-30	$£2.63 M	-0.2%
2013-06-30	$£2.63 M	-16.55%
2012-06-30	$£3.15 M	-27.46%
2011-06-30	$£4.35 M	2.36%
2010-06-30	$£4.25 M	-0.26%
2009-06-30	$£4.26 M	7.03%
2008-06-30	$£3.98 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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Superior Resources (SPQ.AX) - Net assets