Polymetals Resources (POL.AX)

Net assets on the balance sheet as of June 2024 : $17.95 Million USD

According to Polymetals Resources's latest financial reports the company has $17.95 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Polymetals Resources - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$$17.95 M	47.24%
2023-06-30	$$12.19 M	216.72%
2022-06-30	$$3.85 M	-18.79%
2021-06-30	$$4.74 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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Polymetals Resources (POL.AX) - Net assets