Westgold Resources Limited (WGX.AX)

Net assets on the balance sheet as of June 2024 : NZ$0.79 Billion

According to Westgold Resources Limited's latest financial reports the company has NZ$0.79 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Westgold Resources Limited - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$NZ$0.75 B	16.44%
2023-06-30	$NZ$0.65 B	0.07%
2022-06-30	$NZ$0.64 B	-0.18%
2021-06-30	$NZ$0.65 B	16.57%
2020-06-30	$NZ$0.55 B	20.52%
2019-06-30	$NZ$0.46 B	4.43%
2018-06-30	$NZ$0.44 B	41.18%
2017-06-30	$NZ$0.31 B	9.4%
2016-06-30	$NZ$0.28 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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Westgold Resources Limited (WGX.AX) - Net assets