Latin Resources (LRS.AX)

Net assets on the balance sheet as of December 2023 : $78.63 Million USD

According to Latin Resources's latest financial reports the company has $78.63 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Latin Resources - Net assets on balance sheet (from 2011 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$$78.63 M	128.51%
2022-12-31	$$34.41 M	257.61%
2021-12-31	$$9.62 M	13.46%
2020-12-31	$$8.48 M	-1744.1%
2019-12-31	$-$0.52 Million	-153.71%
2018-12-31	$$0.96 M	-76.18%
2017-12-31	$$4.03 M	51.81%
2016-12-31	$$2.65 M	-26.55%
2015-12-31	$$3.61 M	-61.42%
2014-12-31	$$9.37 M
2012-06-30	$$1.06 M	-71.16%
2011-06-30	$$3.7 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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Latin Resources (LRS.AX) - Net assets