Quantum Graphite (QGL.AX)

Net assets on the balance sheet as of June 2024 : $9.11 Million USD

According to Quantum Graphite's latest financial reports the company has $9.11 Million USD 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 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$$11.68 M	0.74%
2022-06-30	$$11.59 M	-11.98%
2021-06-30	$$13.17 M	24.51%
2020-06-30	$$10.57 M	-7.88%
2019-06-30	$$11.48 M	2163.51%
2018-06-30	$$0.5 M	-303.75%
2017-06-30	$-$0.25 Million	-114.23%
2016-06-30	$$1.74 M	-81.32%
2015-06-30	$$9.37 M	15.16%
2014-06-30	$$8.13 M	-10.78%
2013-06-30	$$9.12 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