Ivanhoe Electric (IE)

Net assets on the balance sheet as of June 2024 : A$0.46 Billion

According to Ivanhoe Electric's latest financial reports the company has A$0.46 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ivanhoe Electric - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.55 B	85.65%
2022-12-31	$A$0.29 B	675.43%
2021-12-31	$A$38.36 M	-39.41%
2020-12-31	$A$63.32 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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Ivanhoe Electric (IE) - Net assets