Science 37 (SNCE) - Net assets

Net assets on the balance sheet as of September 2023 : A$73.02 Million

According to Science 37's latest financial reports the company has A$73.02 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Science 37 - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.14 B	-14.68%
2021-12-31	$A$0.16 B	-221.52%
2021-06-30	$A$0.10 B	308768.24%
2020-12-31	$-A$0.14 Billion
2020-06-30	$A$0.03 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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