Austin Gold (AUST) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$18.04 Million

According to Austin Gold's latest financial reports the company has NZ$18.04 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Austin Gold - Net assets on balance sheet (from 2022 to 2022)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$23.27 M	700.54%
2021-12-31	$NZ$2.9 M	-7.72%
2020-12-31	$NZ$3.15 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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Austin Gold (AUST) - Net assets