Latin Resources (LRS.AX)

Net assets on the balance sheet as of December 2023 : C$0.10 B

According to Latin Resources's latest financial reports the company has C$0.10 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Latin Resources - Net assets on balance sheet (from 2011 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$0.10 B	123.35%
2022-12-31	$C$46.69 M	282.31%
2021-12-31	$C$12.21 M	12.69%
2020-12-31	$C$10.83 M	-1714.23%
2019-12-31	$-C$0.68 M	-151.22%
2018-12-31	$C$1.31 M	-74.14%
2017-12-31	$C$5.06 M	42.03%
2016-12-31	$C$3.56 M	-28.91%
2015-12-31	$C$5.02 M	-53.9%
2014-12-31	$C$10.89 M
2012-06-30	$C$1.08 M	-69.66%
2011-06-30	$C$3.58 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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Latin Resources (LRS.AX) - Net assets