VEEM Ltd (VEE.AX) - Net Assets

Net assets on the balance sheet as of June 2024 : S$46.59 Million

According to VEEM Ltd's latest financial reports the company has S$46.59 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

VEEM Ltd - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$S$47.46 M	12.93%
2023-06-30	$S$42.03 M	0.61%
2022-06-30	$S$41.77 M	12.91%
2021-06-30	$S$37 M	18.68%
2020-06-30	$S$31.17 M	5.29%
2019-06-30	$S$29.61 M	-0.43%
2018-06-30	$S$29.74 M	-2.54%
2017-06-30	$S$30.51 M	25.31%
2016-06-30	$S$24.35 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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VEEM Ltd (VEE.AX) - Net assets