Westgold Resources Limited (WGX.AX)

Net assets on the balance sheet as of June 2023 : S$0.51 B

According to Westgold Resources Limited's latest financial reports the company has S$0.51 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Westgold Resources Limited - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$S$0.53 B	-4.5%
2022-06-30	$S$0.56 B	-7.87%
2021-06-30	$S$0.61 B	22.25%
2020-06-30	$S$0.50 B	18.98%
2019-06-30	$S$0.42 B	2.89%
2018-06-30	$S$0.40 B	29.29%
2017-06-30	$S$0.31 B	14.92%
2016-06-30	$S$0.27 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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Westgold Resources Limited (WGX.AX) - Net assets