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

Net assets on the balance sheet as of December 2023 : -HK$8.64 Billion

According to Energy Resources of Australia's latest financial reports the company has -HK$8.64 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	$-HK$8.66 Billion	169.78%
2022-12-31	$-HK$3.21 Billion	28.33%
2021-12-31	$-HK$2.51 Billion	-295.53%
2020-12-31	$HK$1.27 B	-185.4%
2019-12-31	$-HK$1.5 Billion	-3.31%
2018-12-31	$-HK$1.55 Billion	-263.96%
2017-12-31	$HK$0.94 B	-14.88%
2016-12-31	$HK$1.10 B	-58.17%
2015-12-31	$HK$2.65 B	-43.94%
2014-12-31	$HK$4.73 B	-26.74%
2013-12-31	$HK$6.46 B	-25.02%
2012-12-31	$HK$8.61 B	-16.04%
2011-12-31	$HK$10.26 B	36.49%
2010-12-31	$HK$7.51 B	11.67%
2009-12-31	$HK$6.73 B	62.71%
2008-12-31	$HK$4.13 B	0.16%
2007-12-31	$HK$4.13 B	21.96%
2006-12-31	$HK$3.38 B	11.64%
2005-12-31	$HK$3.03 B	-20.16%
2004-12-31	$HK$3.80 B	7.37%
2003-12-31	$HK$3.53 B	32.95%
2002-12-31	$HK$2.66 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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