Bright Minds Biosciences (DRUG)

Net assets on the balance sheet as of June 2024 : C$6.26 Million

According to Bright Minds Biosciences's latest financial reports the company has C$6.26 Million 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	$C$6.59 M	-37.41%
2022-09-30	$C$10.54 M	-45.66%
2021-09-30	$C$19.4 M	2560.36%
2020-09-30	$C$0.72 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