Latin Resources (LRS.AX)

Net assets on the balance sheet as of December 2023 : HK$0.61 B

According to Latin Resources's latest financial reports the company has HK$0.61 B 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	$HK$0.61 B	128.41%
2022-12-31	$HK$0.26 B	257.29%
2021-12-31	$HK$75.25 M	14.19%
2020-12-31	$HK$65.9 M	-1733.56%
2019-12-31	$-HK$4.04 M	-153.62%
2018-12-31	$HK$7.52 M	-76.12%
2017-12-31	$HK$31.5 M	52.95%
2016-12-31	$HK$20.59 M	-26.5%
2015-12-31	$HK$28.02 M	-61.54%
2014-12-31	$HK$72.85 M
2012-06-30	$HK$8.28 M	-71.17%
2011-06-30	$HK$28.74 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