VEEM Ltd (VEE.AX) - Net Assets

Net assets on the balance sheet as of June 2024 : C$48.2 Million

According to VEEM Ltd's latest financial reports the company has C$48.2 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	$C$47.7 M	228.8%
2023-06-30	$C$14.51 M	8.32%
2022-06-30	$C$13.39 M	-60.63%
2021-06-30	$C$34.02 M	72.97%
2020-06-30	$C$19.67 M	-9.93%
2019-06-30	$C$21.84 M	-23.88%
2018-06-30	$C$28.69 M	-0.13%
2017-06-30	$C$28.73 M	22.95%
2016-06-30	$C$23.36 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