Race Oncology (RAC.AX)

Net assets on the balance sheet as of June 2023 : €15.32 M

According to Race Oncology's latest financial reports the company has €15.32 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	$€15.56 M	-34.66%
2022-06-30	$€23.81 M	174.21%
2021-06-30	$€8.68 M	149.08%
2020-06-30	$€3.48 M	11.98%
2019-06-30	$€3.11 M	-37.94%
2018-06-30	$€5.01 M	32.26%
2017-06-30	$€3.79 M
2015-12-31	$€4.7 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