Ivanhoe Electric (IE)

Net assets on the balance sheet as of September 2024 : NZ$0.45 Billion

According to Ivanhoe Electric's latest financial reports the company has NZ$0.45 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ivanhoe Electric - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.59 B	86.6%
2022-12-31	$NZ$0.31 B	683.05%
2021-12-31	$NZ$40.72 M	-39.66%
2020-12-31	$NZ$67.48 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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Ivanhoe Electric (IE) - Net assets