Sovereign Metals (SVM.AX)

Net assets on the balance sheet as of June 2024 : NZ$40.76 Million

According to Sovereign Metals's latest financial reports the company has NZ$40.76 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sovereign Metals - Net assets on balance sheet (from 2008 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$NZ$37.75 M	257.69%
2023-06-30	$NZ$10.55 M	-62.05%
2022-06-30	$NZ$27.81 M	71.6%
2021-06-30	$NZ$16.2 M	63.02%
2020-06-30	$NZ$9.94 M	-6.19%
2019-06-30	$NZ$10.59 M	-5.74%
2018-06-30	$NZ$11.24 M	16.72%
2017-06-30	$NZ$9.63 M	3.54%
2016-06-30	$NZ$9.3 M	8.83%
2015-06-30	$NZ$8.54 M	-20.14%
2014-06-30	$NZ$10.7 M	0.65%
2013-06-30	$NZ$10.63 M	268.49%
2012-06-30	$NZ$2.88 M	-17.52%
2011-06-30	$NZ$3.49 M	283.13%
2010-06-30	$NZ$0.91 M	-51.81%
2009-06-30	$NZ$1.89 M	-68.46%
2008-06-30	$NZ$6 M	-26.34%
2007-06-30	$NZ$8.15 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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Sovereign Metals (SVM.AX) - Net assets