Renascor Resources (RNU.AX)

Net assets on the balance sheet as of June 2023 : $0.11 B

According to Renascor Resources's latest financial reports the company has $0.11 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Renascor Resources - Net assets on balance sheet (from 2011 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$$0.11 B	66.38%
2022-06-30	$$66.57 M	152.31%
2021-06-30	$$26.38 M	110.8%
2020-06-30	$$12.51 M	2.63%
2019-06-30	$$12.19 M	9.43%
2018-06-30	$$11.14 M	78.81%
2017-06-30	$$6.23 M	29.76%
2016-06-30	$$4.8 M	41.18%
2015-06-30	$$3.4 M	-56.17%
2014-06-30	$$7.76 M	-2.49%
2013-06-30	$$7.96 M	-14.91%
2012-06-30	$$9.35 M	-6.21%
2011-06-30	$$9.97 M	19.33%
2010-06-30	$$8.35 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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Renascor Resources (RNU.AX) - Net assets