Encounter Resources (ENR.AX)

Net assets on the balance sheet as of June 2023 : £14.64 M

According to Encounter Resources's latest financial reports the company has £14.64 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	$£15.12 M	64.46%
2022-06-30	$£9.19 M	-21.33%
2021-06-30	$£11.68 M	28.53%
2020-06-30	$£9.09 M	4.55%
2019-06-30	$£8.69 M	4.06%
2018-06-30	$£8.35 M	-35.68%
2017-06-30	$£12.99 M	17.78%
2016-06-30	$£11.03 M	-1.21%
2015-06-30	$£11.16 M	-8.28%
2014-06-30	$£12.17 M	-9.62%
2013-06-30	$£13.47 M	3.58%
2012-06-30	$£13 M	32.3%
2011-06-30	$£9.83 M	105.28%
2010-06-30	$£4.78 M	62.31%
2009-06-30	$£2.95 M	-21.36%
2008-06-30	$£3.75 M	4.58%
2007-06-30	$£3.58 M	83.3%
2006-06-30	$£1.95 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