Energy Resources of Australia (ERA.AX)

Net assets on the balance sheet as of December 2023 : -€1.01 B

According to Energy Resources of Australia's latest financial reports the company has -€1.01 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Energy Resources of Australia - Net assets on balance sheet (from 2002 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$-€1.01 B	161.88%
2022-12-31	$-€0.39 B	35.44%
2021-12-31	$-€0.29 B	-309.04%
2020-12-31	$€0.13 B	-178.66%
2019-12-31	$-€0.18 B	-0.44%
2018-12-31	$-€0.18 B	-271.4%
2017-12-31	$€0.10 B	-25.94%
2016-12-31	$€0.13 B	-56.6%
2015-12-31	$€0.31 B	-37.57%
2014-12-31	$€0.50 B	-16.71%
2013-12-31	$€0.60 B	-28.13%
2012-12-31	$€0.83 B	-17.53%
2011-12-31	$€1.01 B	40.18%
2010-12-31	$€0.72 B	20.19%
2009-12-31	$€0.60 B	62.53%
2008-12-31	$€0.37 B	3.43%
2007-12-31	$€0.35 B	8.82%
2006-12-31	$€0.33 B	-0.09%
2005-12-31	$€0.33 B	2.13%
2004-12-31	$€0.32 B	-11.52%
2003-12-31	$€0.36 B	11.94%
2002-12-31	$€0.32 B

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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Energy Resources of Australia (ERA.AX) - Net assets