Sovereign Metals (SVM.AX)

Net assets on the balance sheet as of June 2024 : A$34.28 Million

According to Sovereign Metals's latest financial reports the company has A$34.28 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sovereign Metals - Net assets on balance sheet (from 2008 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$A$34.35 M	255.22%
2023-06-30	$A$9.67 M	-61.56%
2022-06-30	$A$25.16 M	66.89%
2021-06-30	$A$15.07 M	62.14%
2020-06-30	$A$9.29 M	-8.34%
2019-06-30	$A$10.14 M	-1.36%
2018-06-30	$A$10.28 M	12.25%
2017-06-30	$A$9.16 M	3.26%
2016-06-30	$A$8.87 M	16.44%
2015-06-30	$A$7.61 M	-23.62%
2014-06-30	$A$9.97 M	10.71%
2013-06-30	$A$9.01 M	298.45%
2012-06-30	$A$2.26 M	-16.36%
2011-06-30	$A$2.7 M	263.32%
2010-06-30	$A$0.74 M	-50.98%
2009-06-30	$A$1.51 M	-68.23%
2008-06-30	$A$4.77 M	-35.47%
2007-06-30	$A$7.4 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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Sovereign Metals (SVM.AX) - Net assets