VEEM Ltd (VEE.AX) - Net Assets

Net assets on the balance sheet as of June 2024 : S$45.06 Million

According to VEEM Ltd's latest financial reports the company has S$45.06 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	$S$47.27 M	12.04%
2023-06-30	$S$42.19 M	0.91%
2022-06-30	$S$41.8 M	13.23%
2021-06-30	$S$36.92 M	82.81%
2020-06-30	$S$20.19 M	-10.45%
2019-06-30	$S$22.55 M	-24.16%
2018-06-30	$S$29.74 M	-2.32%
2017-06-30	$S$30.44 M	25.32%
2016-06-30	$S$24.29 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