ASA Gold and Precious Metals (ASA)

Net assets on the balance sheet as of November 2023 : A$0.52 Billion

According to ASA Gold and Precious Metals's latest financial reports the company has A$0.52 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

ASA Gold and Precious Metals - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2023-11-30	$A$0.50 B	3.88%
2022-11-30	$A$0.48 B	-27.77%
2021-11-30	$A$0.67 B	7.57%
2020-11-30	$A$0.62 B	48.35%
2019-11-30	$A$0.42 B	58.81%
2018-11-30	$A$0.26 B	-17.55%
2017-11-30	$A$0.32 B	-0.69%
2016-11-30	$A$0.32 B

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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ASA Gold and Precious Metals (ASA) - Net assets