Latin Resources (LRS.AX)

Net assets on the balance sheet as of December 2023 : S$0.10 B

According to Latin Resources's latest financial reports the company has S$0.10 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$S$0.10 B	125.11%
2022-12-31	$S$46.13 M	254.45%
2021-12-31	$S$13.01 M	15.83%
2020-12-31	$S$11.23 M	-1713.33%
2019-12-31	$-S$0.7 M	-153.21%
2018-12-31	$S$1.3 M	-75.73%
2017-12-31	$S$5.39 M	40.29%
2016-12-31	$S$3.84 M	-24.91%
2015-12-31	$S$5.11 M	-58.74%
2014-12-31	$S$12.4 M
2012-06-30	$S$1.35 M	-70.29%
2011-06-30	$S$4.55 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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Latin Resources (LRS.AX) - Net assets