Bright Minds Biosciences (DRUG)

Net assets on the balance sheet as of June 2024 : $4.45 Million USD

According to Bright Minds Biosciences's latest financial reports the company has $4.45 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Bright Minds Biosciences - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$$4.85 M	-37.03%
2022-09-30	$$7.7 M	-49.32%
2021-09-30	$$15.21 M	2691.77%
2020-09-30	$$0.54 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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Bright Minds Biosciences (DRUG) - Net assets