Latin Resources (LRS.AX)

Net assets on the balance sheet as of December 2023 : ₹6.59 B

According to Latin Resources's latest financial reports the company has ₹6.59 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	$₹6.54 B	129.88%
2022-12-31	$₹2.84 B	295.93%
2021-12-31	$₹0.71 B	15.9%
2020-12-31	$₹0.62 B	-1783.21%
2019-12-31	$-₹36.87 M	-155.16%
2018-12-31	$₹66.84 M	-74.04%
2017-12-31	$₹0.25 B	42.64%
2016-12-31	$₹0.18 B	-24.87%
2015-12-31	$₹0.24 B	-59.57%
2014-12-31	$₹0.59 B
2012-06-30	$₹59.28 M	-64.16%
2011-06-30	$₹0.16 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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Latin Resources (LRS.AX) - Net assets