Race Oncology (RAC.AX)

Net assets on the balance sheet as of June 2023 : C$23.03 M

According to Race Oncology's latest financial reports the company has C$23.03 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Race Oncology - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$C$22.47 M	-30.06%
2022-06-30	$C$32.13 M	151.72%
2021-06-30	$C$12.76 M	139.23%
2020-06-30	$C$5.33 M	14.67%
2019-06-30	$C$4.65 M	-39.71%
2018-06-30	$C$7.72 M	37.31%
2017-06-30	$C$5.62 M
2015-12-31	$C$7.13 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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Race Oncology (RAC.AX) - Net assets