IperionX (IPX) - Net Assets

Net assets on the balance sheet as of June 2024 : $51.33 Million USD

According to IperionX's latest financial reports the company has $51.33 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

IperionX - Net assets on balance sheet (from 2022 to 2021)

Net assets by year

Year	Net assets	Change
2023-06-30	$$20.56 M	177.14%
2022-06-30	$$7.41 M	461.04%
2021-06-30	$$1.32 M	-2.67%
2020-06-30	$$1.35 M	-21.37%
2019-06-30	$$1.72 M	-21.96%
2018-06-30	$$2.21 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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IperionX (IPX) - Net assets