VEEM Ltd (VEE.AX) - Net Assets

Net assets on the balance sheet as of June 2024 : A$52.53 Million

According to VEEM Ltd's latest financial reports the company has A$52.53 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

VEEM Ltd - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$A$52.28 M	217.81%
2023-06-30	$A$16.45 M	9.05%
2022-06-30	$A$15.08 M	-58.81%
2021-06-30	$A$36.62 M	74.41%
2020-06-30	$A$20.99 M	-11.61%
2019-06-30	$A$23.75 M	-19.41%
2018-06-30	$A$29.47 M	2.33%
2017-06-30	$A$28.8 M	18.98%
2016-06-30	$A$24.21 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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VEEM Ltd (VEE.AX) - Net assets