Sovereign Metals (SVM.AX)

Net assets on the balance sheet as of June 2024 : €21.2 Million

According to Sovereign Metals's latest financial reports the company has €21.2 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	$€21.45 M	264.12%
2023-06-30	$€5.89 M	-64.45%
2022-06-30	$€16.57 M	74.12%
2021-06-30	$€9.51 M	67.53%
2020-06-30	$€5.68 M	-9.16%
2019-06-30	$€6.25 M	-3.86%
2018-06-30	$€6.5 M	5.71%
2017-06-30	$€6.15 M	3.32%
2016-06-30	$€5.95 M	14.33%
2015-06-30	$€5.2 M	-24.34%
2014-06-30	$€6.88 M	8.76%
2013-06-30	$€6.33 M	245.95%
2012-06-30	$€1.82 M	-8.36%
2011-06-30	$€1.99 M	290.03%
2010-06-30	$€0.51 M	-41.28%
2009-06-30	$€0.87 M	-70.01%
2008-06-30	$€2.9 M	-37.7%
2007-06-30	$€4.66 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