Metals Exploration (MTL.L)

Net assets on the balance sheet as of December 2023 : NZ$0.23 Billion

According to Metals Exploration's latest financial reports the company has NZ$0.23 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Metals Exploration - Net assets on balance sheet (from 2005 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.21 B	656.95%
2022-12-31	$NZ$27.97 M	100.66%
2021-12-31	$NZ$13.94 M	-1005.15%
2020-12-31	$-NZ$1.55 Million	-92.47%
2019-12-31	$-NZ$20.46 Million	-54.96%
2018-12-31	$-NZ$45.42 Million	-122.14%
2017-12-31	$NZ$0.20 B	-13.24%
2016-12-31	$NZ$0.23 B	-2.4%
2015-12-31	$NZ$0.24 B	13.29%
2014-12-31	$NZ$0.21 B	0.19%
2013-12-31	$NZ$0.21 B	33.46%
2012-12-31	$NZ$0.15 B	16.28%
2011-12-31	$NZ$0.13 B	220.55%
2010-12-31	$NZ$42.9 M	-22.16%
2009-12-31	$NZ$55.11 M	64.46%
2008-12-31	$NZ$33.51 M
2008-09-30	$NZ$29.82 M	13.95%
2007-09-30	$NZ$26.17 M	288.27%
2006-09-30	$NZ$6.74 M	2.43%
2005-09-30	$NZ$6.58 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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Metals Exploration (MTL.L) - Net assets