Quantum Graphite (QGL.AX)

Net assets on the balance sheet as of June 2023 : NZ$19 M

According to Quantum Graphite's latest financial reports the company has NZ$19 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Quantum Graphite - Net assets on balance sheet (from 2015 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$NZ$19.17 M	2.9%
2022-06-30	$NZ$18.63 M	-1.04%
2021-06-30	$NZ$18.82 M	14.39%
2020-06-30	$NZ$16.45 M	-3.67%
2019-06-30	$NZ$17.08 M	2180.37%
2018-06-30	$NZ$0.74 M	-320.48%
2017-06-30	$-NZ$0.34 M	-113.88%
2016-06-30	$NZ$2.44 M	-82.12%
2015-06-30	$NZ$13.69 M	47.64%
2014-06-30	$NZ$9.27 M	-21.24%
2013-06-30	$NZ$11.77 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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Quantum Graphite (QGL.AX) - Net assets