Cerence (CRNC) - Net Assets

Net assets on the balance sheet as of June 2024 : £0.12 Billion

According to Cerence's latest financial reports the company has £0.12 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	$£0.56 B	-10.75%
2022-09-30	$£0.63 B	-16.95%
2021-09-30	$£0.76 B	3%
2020-09-30	$£0.74 B	-14.12%
2019-09-30	$£0.86 B	13.98%
2018-09-30	$£0.76 B	2.41%
2017-09-30	$£0.74 B	-4.59%
2016-09-30	$£0.78 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