Quantum Graphite (QGL.AX)

Net assets on the balance sheet as of June 2024 : $9.08 Million USD

According to Quantum Graphite's latest financial reports the company has $9.08 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Quantum Graphite - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2024-06-30	$$9.08 M	-22.72%
2023-06-30	$$11.75 M	1.16%
2022-06-30	$$11.62 M	-11.57%
2021-06-30	$$13.14 M	23.7%
2020-06-30	$$10.62 M	-7.5%
2019-06-30	$$11.48 M	2163.94%
2018-06-30	$$0.5 M	-303.95%
2017-06-30	$-$0.25 Million	-114.26%
2016-06-30	$$1.74 M	-81.43%
2015-06-30	$$9.39 M	15.33%
2014-06-30	$$8.14 M	-10.56%
2013-06-30	$$9.1 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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Quantum Graphite (QGL.AX) - Net assets