VEEM Ltd (VEE.AX) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$61.27 Million

According to VEEM Ltd's latest financial reports the company has NZ$61.27 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

VEEM Ltd - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$NZ$57.44 M	12.44%
2023-06-30	$NZ$51.08 M	6.01%
2022-06-30	$NZ$48.19 M	22.42%
2021-06-30	$NZ$39.36 M	13.08%
2020-06-30	$NZ$34.81 M	6.91%
2019-06-30	$NZ$32.56 M	1.06%
2018-06-30	$NZ$32.22 M	6.39%
2017-06-30	$NZ$30.28 M	19.3%
2016-06-30	$NZ$25.38 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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VEEM Ltd (VEE.AX) - Net assets