Encounter Resources (ENR.AX)

Net assets on the balance sheet as of June 2023 : NZ$31.06 M

According to Encounter Resources's latest financial reports the company has NZ$31.06 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Encounter Resources - Net assets on balance sheet (from 2006 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$NZ$31.33 M	75.05%
2022-06-30	$NZ$17.9 M	-22.49%
2021-06-30	$NZ$23.09 M	32.26%
2020-06-30	$NZ$17.46 M	6.32%
2019-06-30	$NZ$16.42 M	0.76%
2018-06-30	$NZ$16.3 M	-29.39%
2017-06-30	$NZ$23.08 M	10.66%
2016-06-30	$NZ$20.86 M	-18.47%
2015-06-30	$NZ$25.58 M	8.28%
2014-06-30	$NZ$23.62 M	-10.71%
2013-06-30	$NZ$26.46 M	4.08%
2012-06-30	$NZ$25.42 M	32.53%
2011-06-30	$NZ$19.18 M	84.12%
2010-06-30	$NZ$10.41 M	38.89%
2009-06-30	$NZ$7.5 M	-23.57%
2008-06-30	$NZ$9.81 M	5.07%
2007-06-30	$NZ$9.34 M	58.14%
2006-06-30	$NZ$5.9 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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Encounter Resources (ENR.AX) - Net assets