Westgold Resources Limited (WGX.AX)

Net assets on the balance sheet as of June 2023 : $0.39 B

According to Westgold Resources Limited's latest financial reports the company has $0.39 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	$$0.39 B	-1.89%
2022-06-30	$$0.40 B	-10.77%
2021-06-30	$$0.45 B	26.66%
2020-06-30	$$0.35 B	15.48%
2019-06-30	$$0.31 B	3.66%
2018-06-30	$$0.30 B	30.59%
2017-06-30	$$0.23 B	12.59%
2016-06-30	$$0.20 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