Encounter Resources (ENR.AX)

Net assets on the balance sheet as of June 2023 : $19.22 M

According to Encounter Resources's latest financial reports the company has $19.22 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Encounter Resources - Net assets on balance sheet (from 2006 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$$19.22 M	71.67%
2022-06-30	$$11.19 M	-30.58%
2021-06-30	$$16.12 M	43.29%
2020-06-30	$$11.25 M	1.96%
2019-06-30	$$11.04 M	0.01%
2018-06-30	$$11.03 M	-34.68%
2017-06-30	$$16.9 M	14.02%
2016-06-30	$$14.82 M	-15.75%
2015-06-30	$$17.59 M	-15.17%
2014-06-30	$$20.74 M	1.21%
2013-06-30	$$20.49 M	0.43%
2012-06-30	$$20.4 M	29.2%
2011-06-30	$$15.79 M	118.83%
2010-06-30	$$7.21 M	47.87%
2009-06-30	$$4.88 M	-34.65%
2008-06-30	$$7.46 M	3.98%
2007-06-30	$$7.18 M	100.72%
2006-06-30	$$3.57 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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Encounter Resources (ENR.AX) - Net assets