Collective Mining (CNL)

Net assets on the balance sheet as of September 2024 : NZ$27.07 Million

According to Collective Mining's latest financial reports the company has NZ$27.07 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Collective Mining - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$20.11 M	84.1%
2022-12-31	$NZ$10.92 M	-52.09%
2021-12-31	$NZ$22.8 M	769.31%
2020-12-31	$NZ$2.62 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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Collective Mining (CNL) - Net assets