EuroGroup Laminations (EGLA.MI)

Net assets on the balance sheet as of December 2023 : A$0.81 Billion

According to EuroGroup Laminations's latest financial reports the company has A$0.81 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

EuroGroup Laminations - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.30 B	33.99%
2021-12-31	$A$0.23 B	38.4%
2020-12-31	$A$0.16 B	52.88%
2019-12-31	$A$0.10 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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EuroGroup Laminations (EGLA.MI) - Net assets