Encounter Resources (ENR.AX)

Net assets on the balance sheet as of June 2024 : NZ$41.88 Million

According to Encounter Resources's latest financial reports the company has NZ$41.88 Million 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	$NZ$39.66 M	26.57%
2023-06-30	$NZ$31.33 M	75.09%
2022-06-30	$NZ$17.89 M	-22.34%
2021-06-30	$NZ$23.04 M	31.88%
2020-06-30	$NZ$17.47 M	6.4%
2019-06-30	$NZ$16.42 M	0.76%
2018-06-30	$NZ$16.3 M	-29.39%
2017-06-30	$NZ$23.08 M	10.79%
2016-06-30	$NZ$20.83 M	-19.44%
2015-06-30	$NZ$25.86 M	9.21%
2014-06-30	$NZ$23.68 M	-10.47%
2013-06-30	$NZ$26.45 M	4.04%
2012-06-30	$NZ$25.42 M	32.66%
2011-06-30	$NZ$19.16 M	84.59%
2010-06-30	$NZ$10.38 M	35.98%
2009-06-30	$NZ$7.63 M	-22.22%
2008-06-30	$NZ$9.81 M	5.07%
2007-06-30	$NZ$9.34 M	58.14%
2006-06-30	$NZ$5.9 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