Vulcan Energy Resources (VUL.AX)

Net assets on the balance sheet as of December 2023 : NZ$0.50 Billion

According to Vulcan Energy Resources's latest financial reports the company has NZ$0.50 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Vulcan Energy Resources - Net assets on balance sheet (in 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.46 B

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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Vulcan Energy Resources (VUL.AX) - Net assets