Energy Resources of Australia (ERA.AX)

Net assets on the balance sheet as of December 2023 : -£0.88 Billion

According to Energy Resources of Australia's latest financial reports the company has -£0.88 Billion 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	$-£0.88 Billion	156.29%
2022-12-31	$-£0.34 Billion	42.9%
2021-12-31	$-£0.24 Billion	-296.3%
2020-12-31	$£0.12 B	-182.53%
2019-12-31	$-£0.15 Billion	-5.89%
2018-12-31	$-£0.16 Billion	-274.17%
2017-12-31	$£89.47 M	-22.87%
2016-12-31	$£0.11 B	-49.79%
2015-12-31	$£0.23 B	-41.06%
2014-12-31	$£0.39 B	-22.4%
2013-12-31	$£0.50 B	-26.56%
2012-12-31	$£0.68 B	-19.1%
2011-12-31	$£0.85 B	35.83%
2010-12-31	$£0.62 B	16.63%
2009-12-31	$£0.53 B	46.87%
2008-12-31	$£0.36 B	36.98%
2007-12-31	$£0.26 B	19.95%
2006-12-31	$£0.22 B	-2.02%
2005-12-31	$£0.22 B	-10.91%
2004-12-31	$£0.25 B	-0.21%
2003-12-31	$£0.25 B	19.9%
2002-12-31	$£0.21 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