Encounter Resources (ENR.AX)

Net assets on the balance sheet as of June 2024 : $24.19 Million USD

According to Encounter Resources's latest financial reports the company has $24.19 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Encounter Resources - Net assets on balance sheet (from 2006 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$$24.19 M	25.86%
2023-06-30	$$19.22 M	72.1%
2022-06-30	$$11.16 M	-30.74%
2021-06-30	$$16.12 M	43.03%
2020-06-30	$$11.27 M	2.1%
2019-06-30	$$11.04 M	0.03%
2018-06-30	$$11.03 M	-34.68%
2017-06-30	$$16.9 M	13.66%
2016-06-30	$$14.86 M	-15.29%
2015-06-30	$$17.55 M	-15.42%
2014-06-30	$$20.75 M	1.39%
2013-06-30	$$20.46 M	0.31%
2012-06-30	$$20.4 M	28.52%
2011-06-30	$$15.87 M	121.06%
2010-06-30	$$7.18 M	46.72%
2009-06-30	$$4.89 M	-34.45%
2008-06-30	$$7.46 M	3.98%
2007-06-30	$$7.18 M	100.72%
2006-06-30	$$3.57 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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Encounter Resources (ENR.AX) - Net assets