Energy Resources of Australia (ERA.AX) - Net assets

Net assets on the balance sheet as of December 2023 : -NZ$1.9 Billion

According to Energy Resources of Australia's latest financial reports the company has -NZ$1.9 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Energy Resources of Australia - Net assets on balance sheet (from 2002 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$-NZ$1.76 Billion	170.96%
2022-12-31	$-NZ$0.65 Billion	37.78%
2021-12-31	$-NZ$0.47 Billion	-305.35%
2020-12-31	$NZ$0.22 B	-180.08%
2019-12-31	$-NZ$0.29 Billion	-3.17%
2018-12-31	$-NZ$0.3 Billion	-273.2%
2017-12-31	$NZ$0.17 B	-17.6%
2016-12-31	$NZ$0.20 B	-58.69%
2015-12-31	$NZ$0.50 B	-35.77%
2014-12-31	$NZ$0.77 B	-23.18%
2013-12-31	$NZ$1.01 B	-24.97%
2012-12-31	$NZ$1.35 B	-20.18%
2011-12-31	$NZ$1.69 B	35.19%
2010-12-31	$NZ$1.25 B	4.75%
2009-12-31	$NZ$1.19 B	29.57%
2008-12-31	$NZ$0.92 B	33.39%
2007-12-31	$NZ$0.69 B	11.89%
2006-12-31	$NZ$0.61 B	7.97%
2005-12-31	$NZ$0.57 B	-16.46%
2004-12-31	$NZ$0.68 B	-2.43%
2003-12-31	$NZ$0.70 B	7.69%
2002-12-31	$NZ$0.65 B

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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