Quantum Graphite (QGL.AX)

Net assets on the balance sheet as of June 2023 : NZ$19.27 Million

According to Quantum Graphite's latest financial reports the company has NZ$19.27 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Quantum Graphite - Net assets on balance sheet (from 2015 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$NZ$19.25 M	3.37%
2022-06-30	$NZ$18.62 M	-1.16%
2021-06-30	$NZ$18.84 M	14.49%
2020-06-30	$NZ$16.46 M	-3.66%
2019-06-30	$NZ$17.08 M	2180.37%
2018-06-30	$NZ$0.74 M	-319.92%
2017-06-30	$-NZ$0.35 Million	-113.87%
2016-06-30	$NZ$2.45 M	-82.07%
2015-06-30	$NZ$13.7 M	47.77%
2014-06-30	$NZ$9.27 M	-21.28%
2013-06-30	$NZ$11.77 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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Quantum Graphite (QGL.AX) - Net assets