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

Net assets on the balance sheet as of December 2024 : -HK$5.4 Billion

According to Energy Resources of Australia's latest financial reports the company has -HK$5.4 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	$-HK$5.39 Billion	-29.71%
2023-12-31	$-HK$7.66 Billion	66.63%
2022-12-31	$-HK$4.6 Billion	-41.39%
2021-12-31	$-HK$7.85 Billion	94.3%
2020-12-31	$-HK$4.04 Billion	-36.11%
2019-12-31	$-HK$6.32 Billion	117.15%
2018-12-31	$-HK$2.91 Billion	-416.48%
2017-12-31	$HK$0.91 B	-78.22%
2016-12-31	$HK$4.21 B	-796.8%
2015-12-31	$-HK$0.61 Billion	-142.78%
2014-12-31	$HK$1.41 B	-28.53%
2013-12-31	$HK$1.98 B	-35.04%
2012-12-31	$HK$3.04 B	-71.16%
2011-12-31	$HK$10.57 B	99.92%
2010-12-31	$HK$5.28 B	-4.76%
2009-12-31	$HK$5.55 B	107.03%
2008-12-31	$HK$2.68 B	44.44%
2007-12-31	$HK$1.85 B	-45.19%
2006-12-31	$HK$3.38 B	11.64%
2005-12-31	$HK$3.03 B	-20.16%
2004-12-31	$HK$3.80 B	7.37%
2003-12-31	$HK$3.53 B	32.95%
2002-12-31	$HK$2.66 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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