Latin Resources (LRS.AX)

Net assets on the balance sheet as of December 2023 : $78.63 M

According to Latin Resources's latest financial reports the company has $78.63 M 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	$$78.63 M	128.51%
2022-12-31	$$34.41 M	256.57%
2021-12-31	$$9.65 M	13.55%
2020-12-31	$$8.49 M	-1740.99%
2019-12-31	$-$0.52 M	-153.9%
2018-12-31	$$0.96 M	-76.17%
2017-12-31	$$4.03 M	51.81%
2016-12-31	$$2.65 M	-26.54%
2015-12-31	$$3.61 M	-61.5%
2014-12-31	$$9.39 M
2012-06-30	$$1.06 M	-71.08%
2011-06-30	$$3.69 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