Sovereign Metals (SVM.AX)

Net assets on the balance sheet as of June 2024 : S$30.18 Million

According to Sovereign Metals's latest financial reports the company has S$30.18 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sovereign Metals - Net assets on balance sheet (from 2008 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$S$31.19 M	259.24%
2023-06-30	$S$8.68 M	-63.98%
2022-06-30	$S$24.1 M	58.28%
2021-06-30	$S$15.23 M	71.09%
2020-06-30	$S$8.9 M	-7.61%
2019-06-30	$S$9.63 M	-7.13%
2018-06-30	$S$10.37 M	6.92%
2017-06-30	$S$9.7 M	8.75%
2016-06-30	$S$8.92 M	13.33%
2015-06-30	$S$7.87 M	-32.93%
2014-06-30	$S$11.74 M	12.49%
2013-06-30	$S$10.43 M	255.59%
2012-06-30	$S$2.93 M	-17.67%
2011-06-30	$S$3.56 M	306.88%
2010-06-30	$S$0.87 M	-50.55%
2009-06-30	$S$1.77 M	-71.52%
2008-06-30	$S$6.22 M	-35.33%
2007-06-30	$S$9.61 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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Sovereign Metals (SVM.AX) - Net assets