Grange Resources (GRR.AX)

Net assets on the balance sheet as of December 2023 : NZ$1.24 Billion

According to Grange Resources's latest financial reports the company has NZ$1.24 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Grange Resources - Net assets on balance sheet (from 2001 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$1.11 B	14.65%
2022-12-31	$NZ$0.96 B	4.8%
2021-12-31	$NZ$0.92 B	21.86%
2020-12-31	$NZ$0.75 B	37.2%
2019-12-31	$NZ$0.55 B	10.22%
2018-12-31	$NZ$0.50 B	17.79%
2017-12-31	$NZ$0.42 B	23.08%
2016-12-31	$NZ$0.34 B	32.45%
2015-12-31	$NZ$0.26 B	-53.25%
2014-12-31	$NZ$0.55 B	-31.25%
2013-12-31	$NZ$0.81 B	-13.93%
2012-12-31	$NZ$0.94 B	-5.05%
2011-12-31	$NZ$0.99 B
2009-06-30	$NZ$0.33 B	177.22%
2008-06-30	$NZ$0.11 B	137.47%
2007-06-30	$NZ$50.36 M	22.07%
2006-06-30	$NZ$41.25 M	96.78%
2005-06-30	$NZ$20.96 M	12.36%
2004-06-30	$NZ$18.66 M	46.47%
2003-06-30	$NZ$12.73 M	-28.81%
2002-06-30	$NZ$17.89 M	-19.52%
2001-06-30	$NZ$22.23 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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Grange Resources (GRR.AX) - Net assets