Energy Resources of Australia (ERA.AX) - Net assets

Net assets on the balance sheet as of December 2023 : -₹94.56 Billion

According to Energy Resources of Australia's latest financial reports the company has -₹94.56 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Energy Resources of Australia - Net assets on balance sheet (from 2002 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$-₹92.3 Billion	171.52%
2022-12-31	$-₹34 Billion	42.39%
2021-12-31	$-₹23.88 Billion	-297.84%
2020-12-31	$₹12.06 B	-187.99%
2019-12-31	$-₹13.72 Billion	-0.84%
2018-12-31	$-₹13.84 Billion	-279.14%
2017-12-31	$₹7.72 B	-20.62%
2016-12-31	$₹9.72 B	-57.25%
2015-12-31	$₹22.75 B	-41.17%
2014-12-31	$₹38.67 B	-24.86%
2013-12-31	$₹51.47 B	-15.43%
2012-12-31	$₹60.86 B	-12.92%
2011-12-31	$₹69.89 B	61.45%
2010-12-31	$₹43.29 B	7.45%
2009-12-31	$₹40.28 B	56.55%
2008-12-31	$₹25.73 B	23.77%
2007-12-31	$₹20.79 B	7.8%
2006-12-31	$₹19.28 B	9.53%
2005-12-31	$₹17.61 B	-16.85%
2004-12-31	$₹21.18 B	1.87%
2003-12-31	$₹20.79 B	27%
2002-12-31	$₹16.37 B

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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