Sovereign Metals (SVM.AX)

Net assets on the balance sheet as of June 2024 : ₹1.94 Billion

According to Sovereign Metals's latest financial reports the company has ₹1.94 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sovereign Metals - Net assets on balance sheet (from 2008 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$₹1.91 B	264.79%
2023-06-30	$₹0.52 B	-61.53%
2022-06-30	$₹1.36 B	62.31%
2021-06-30	$₹0.84 B	73.98%
2020-06-30	$₹0.48 B	-1.52%
2019-06-30	$₹0.49 B	-5.75%
2018-06-30	$₹0.52 B	14.24%
2017-06-30	$₹0.45 B	2.09%
2016-06-30	$₹0.44 B	19.93%
2015-06-30	$₹0.37 B	-33.95%
2014-06-30	$₹0.56 B	15.03%
2013-06-30	$₹0.49 B	281.33%
2012-06-30	$₹0.12 B	-0.64%
2011-06-30	$₹0.12 B	345.43%
2010-06-30	$₹29.05 M	-50.34%
2009-06-30	$₹58.5 M	-70.18%
2008-06-30	$₹0.19 B	-22.81%
2007-06-30	$₹0.25 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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Sovereign Metals (SVM.AX) - Net assets