Energy Resources of Australia (ERA.AX)

Net assets on the balance sheet as of December 2023 : -A$1.78 Billion

According to Energy Resources of Australia's latest financial reports the company has -A$1.78 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Energy Resources of Australia - Net assets on balance sheet (from 2002 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$-A$1.63 Billion	169.57%
2022-12-31	$-A$0.61 Billion	36.44%
2021-12-31	$-A$0.45 Billion	-306.18%
2020-12-31	$A$0.21 B	-178.12%
2019-12-31	$-A$0.28 Billion	-2.17%
2018-12-31	$-A$0.29 Billion	-281.29%
2017-12-31	$A$0.15 B	-21.99%
2016-12-31	$A$0.19 B	-57.75%
2015-12-31	$A$0.46 B	-36.97%
2014-12-31	$A$0.74 B	-20.17%
2013-12-31	$A$0.93 B	-12.68%
2012-12-31	$A$1.06 B	-16.99%
2011-12-31	$A$1.28 B	35.48%
2010-12-31	$A$0.95 B	-1.6%
2009-12-31	$A$0.96 B	27.36%
2008-12-31	$A$0.75 B	25.23%
2007-12-31	$A$0.60 B	9.69%
2006-12-31	$A$0.55 B	3.3%
2005-12-31	$A$0.53 B	-15.37%
2004-12-31	$A$0.63 B	2.87%
2003-12-31	$A$0.61 B	1.39%
2002-12-31	$A$0.60 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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Energy Resources of Australia (ERA.AX) - Net assets