Ero Copper (ERO) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$1.16 Billion

According to Ero Copper's latest financial reports the company has NZ$1.16 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ero Copper - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$1.27 B	49.87%
2022-12-31	$NZ$0.85 B	47.48%
2021-12-31	$NZ$0.57 B	95.16%
2020-12-31	$NZ$0.29 B	0.38%
2019-12-31	$NZ$0.29 B	90.96%
2018-12-31	$NZ$0.15 B	-15.28%
2017-12-31	$NZ$0.18 B	419.21%
2016-12-31	$NZ$35.18 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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Ero Copper (ERO) - Net assets