Gold Hydrogen Limited (GHY.AX)

Net assets on the balance sheet as of June 2024 : A$37.76 Million

According to Gold Hydrogen Limited's latest financial reports the company has A$37.76 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Gold Hydrogen Limited - Net assets on balance sheet (from 2023 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$A$35.48 M	53.43%
2023-06-30	$A$23.12 M	-4.26%
2022-06-30	$A$24.15 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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Gold Hydrogen Limited (GHY.AX) - Net assets