Aurora Energy Metals (1AE.AX)

Net assets on the balance sheet as of June 2024 : NZ$2.2 Million

According to Aurora Energy Metals's latest financial reports the company has NZ$2.2 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Aurora Energy Metals - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$NZ$2.08 M	-53.21%
2023-06-30	$NZ$4.46 M	-43.07%
2022-06-30	$NZ$7.84 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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Aurora Energy Metals (1AE.AX) - Net assets