Latin Resources (LRS.AX)

Net assets on the balance sheet as of December 2023 : €70.96 M

According to Latin Resources's latest financial reports the company has €70.96 M 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	$€71.13 M	121.73%
2022-12-31	$€32.08 M	278.18%
2021-12-31	$€8.48 M	22.01%
2020-12-31	$€6.95 M	-1607.32%
2019-12-31	$-€0.47 M	-154.99%
2018-12-31	$€0.83 M	-75.04%
2017-12-31	$€3.36 M	33.08%
2016-12-31	$€2.52 M	-23.76%
2015-12-31	$€3.31 M	-57.07%
2014-12-31	$€7.71 M
2012-06-30	$€0.84 M	-67.03%
2011-06-30	$€2.55 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