Sovereign Metals (SVM.AX)

Net assets on the balance sheet as of June 2024 : C$31.71 Million

According to Sovereign Metals's latest financial reports the company has C$31.71 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	$C$31.49 M	271.17%
2023-06-30	$C$8.48 M	-61.96%
2022-06-30	$C$22.3 M	58.83%
2021-06-30	$C$14.04 M	60.92%
2020-06-30	$C$8.72 M	-6.67%
2019-06-30	$C$9.34 M	-6.61%
2018-06-30	$C$10.01 M	9.44%
2017-06-30	$C$9.14 M	6.71%
2016-06-30	$C$8.57 M	18.13%
2015-06-30	$C$7.25 M	-27.58%
2014-06-30	$C$10.01 M	15.65%
2013-06-30	$C$8.66 M	267.36%
2012-06-30	$C$2.35 M	-15.68%
2011-06-30	$C$2.79 M	320.39%
2010-06-30	$C$0.66 M	-53.22%
2009-06-30	$C$1.42 M	-69.52%
2008-06-30	$C$4.66 M	-29.79%
2007-06-30	$C$6.64 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