Quantum Graphite (QGL.AX)

Net assets on the balance sheet as of June 2023 : $11.75 M

According to Quantum Graphite's latest financial reports the company has $11.75 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	$$11.75 M	0.91%
2022-06-30	$$11.65 M	-11.37%
2021-06-30	$$13.14 M	23.93%
2020-06-30	$$10.6 M	-7.63%
2019-06-30	$$11.48 M	2163.51%
2018-06-30	$$0.5 M	-303.95%
2017-06-30	$-$0.25 M	-114.3%
2016-06-30	$$1.73 M	-81.53%
2015-06-30	$$9.41 M	15.66%
2014-06-30	$$8.14 M	-10.72%
2013-06-30	$$9.12 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