Encounter Resources (ENR.AX)

Net assets on the balance sheet as of June 2024 : NZ$40.92 Million

According to Encounter Resources's latest financial reports the company has NZ$40.92 Million 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 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$NZ$31.47 M	75.85%
2022-06-30	$NZ$17.89 M	-22.58%
2021-06-30	$NZ$23.11 M	32.38%
2020-06-30	$NZ$17.46 M	6.33%
2019-06-30	$NZ$16.42 M	0.76%
2018-06-30	$NZ$16.3 M	-29.57%
2017-06-30	$NZ$23.14 M	10.57%
2016-06-30	$NZ$20.93 M	-18.22%
2015-06-30	$NZ$25.59 M	8.38%
2014-06-30	$NZ$23.61 M	-10.76%
2013-06-30	$NZ$26.46 M	4.08%
2012-06-30	$NZ$25.42 M	32.62%
2011-06-30	$NZ$19.17 M	84.23%
2010-06-30	$NZ$10.4 M	37.77%
2009-06-30	$NZ$7.55 M	-23.07%
2008-06-30	$NZ$9.81 M	5.09%
2007-06-30	$NZ$9.34 M	58.61%
2006-06-30	$NZ$5.89 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