Energy Resources of Australia (ERA.AX) - Net assets

Net assets on the balance sheet as of December 2024 : -£0.53 Billion

According to Energy Resources of Australia's latest financial reports the company has -£0.53 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Energy Resources of Australia - Net assets on balance sheet (from 2002 to 2024)

Net assets by year

Year	Net assets	Change
2024-12-31	$-£0.56 Billion	-28.22%
2023-12-31	$-£0.77 Billion	58.29%
2022-12-31	$-£0.49 Billion	-34.74%
2021-12-31	$-£0.75 Billion	95.06%
2020-12-31	$-£0.39 Billion	-38.25%
2019-12-31	$-£0.62 Billion	111.36%
2018-12-31	$-£0.3 Billion	-436.19%
2017-12-31	$£87.04 M	-80.26%
2016-12-31	$£0.44 B	-936.44%
2015-12-31	$-£52.72 Million	-144.98%
2014-12-31	$£0.11 B	-24.3%
2013-12-31	$£0.15 B	-36.38%
2012-12-31	$£0.24 B	-72.21%
2011-12-31	$£0.87 B	98.95%
2010-12-31	$£0.44 B	-0.53%
2009-12-31	$£0.44 B	86.87%
2008-12-31	$£0.23 B	97.55%
2007-12-31	$£0.11 B	-46.09%
2006-12-31	$£0.22 B	-2.02%
2005-12-31	$£0.22 B	-10.91%
2004-12-31	$£0.25 B	-0.21%
2003-12-31	$£0.25 B	19.9%
2002-12-31	$£0.21 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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