Arafura Rare Earths (ARU.AX)

Net assets on the balance sheet as of June 2024 : NZ$0.16 Billion

According to Arafura Rare Earths's latest financial reports the company has NZ$0.16 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Arafura Rare Earths - Net assets on balance sheet (from 2004 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$NZ$0.15 B	-32.47%
2023-06-30	$NZ$0.23 B	60.27%
2022-06-30	$NZ$0.14 B	11.54%
2021-06-30	$NZ$0.13 B	-4.5%
2020-06-30	$NZ$0.13 B	25.68%
2019-06-30	$NZ$0.10 B	0.52%
2018-06-30	$NZ$0.10 B	1.81%
2017-06-30	$NZ$0.10 B	3.4%
2016-06-30	$NZ$0.10 B	-29.4%
2015-06-30	$NZ$0.14 B	1.34%
2014-06-30	$NZ$0.14 B	-13.31%
2013-06-30	$NZ$0.16 B	-8.66%
2012-06-30	$NZ$0.18 B	-0.98%
2011-06-30	$NZ$0.18 B	148.56%
2010-06-30	$NZ$74.06 M	70.22%
2009-06-30	$NZ$43.51 M	30.45%
2008-06-30	$NZ$33.35 M	127.84%
2007-06-30	$NZ$14.63 M	20.62%
2006-06-30	$NZ$12.13 M	191.3%
2005-06-30	$NZ$4.16 M	14.92%
2004-06-30	$NZ$3.62 M	-10.23%
2003-06-30	$NZ$4.03 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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Arafura Rare Earths (ARU.AX) - Net assets