VEEM Ltd (VEE.AX) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$60.4 Million

According to VEEM Ltd's latest financial reports the company has NZ$60.4 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

VEEM Ltd - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$NZ$57.21 M	220.07%
2023-06-30	$NZ$17.87 M	7.2%
2022-06-30	$NZ$16.67 M	-57.51%
2021-06-30	$NZ$39.24 M	74.69%
2020-06-30	$NZ$22.46 M	-9.48%
2019-06-30	$NZ$24.81 M	-22.98%
2018-06-30	$NZ$32.22 M	6.67%
2017-06-30	$NZ$30.2 M	19.54%
2016-06-30	$NZ$25.27 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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VEEM Ltd (VEE.AX) - Net assets