Cerence (CRNC) - Net Assets

Net assets on the balance sheet as of June 2024 : C$0.21 Billion

According to Cerence's latest financial reports the company has C$0.21 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Cerence - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$C$0.94 B	-3.13%
2022-09-30	$C$0.97 B	-25.92%
2021-09-30	$C$1.31 B	2.43%
2020-09-30	$C$1.28 B	-9.11%
2019-09-30	$C$1.41 B	10.17%
2018-09-30	$C$1.28 B	3.73%
2017-09-30	$C$1.23 B	-7.01%
2016-09-30	$C$1.33 B

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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Cerence (CRNC) - Net assets