VEEM Ltd (VEE.AX) - Net Assets

Net assets on the balance sheet as of June 2024 : $34.89 Million USD

According to VEEM Ltd's latest financial reports the company has $34.89 Million USD 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	$$34.89 M	218.28%
2023-06-30	$$10.96 M	5.36%
2022-06-30	$$10.4 M	-62.1%
2021-06-30	$$27.45 M	89.47%
2020-06-30	$$14.49 M	-13.14%
2019-06-30	$$16.68 M	-23.54%
2018-06-30	$$21.82 M	-1.33%
2017-06-30	$$22.11 M	22.64%
2016-06-30	$$18.03 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