Scandinavian Enviro Systems (SES.ST)

Net assets on the balance sheet as of June 2024 : A$56.07 M

According to Scandinavian Enviro Systems's latest financial reports the company has A$56.07 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Scandinavian Enviro Systems - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$48.65 M	139.77%
2022-12-31	$A$20.29 M	-41.24%
2021-12-31	$A$34.53 M	53.86%
2020-12-31	$A$22.44 M	-7.35%
2019-12-31	$A$24.22 M	-2.97%
2018-12-31	$A$24.96 M	40.88%
2017-12-31	$A$17.72 M	-22.7%
2016-12-31	$A$22.92 M	0.47%
2015-12-31	$A$22.81 M	18.45%
2014-12-31	$A$19.26 M	78.68%
2013-12-31	$A$10.78 M	190.86%
2012-12-31	$A$3.7 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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Scandinavian Enviro Systems (SES.ST) - Net assets