QANTM Intellectual Property (QIP.AX)

Net assets on the balance sheet as of June 2023 : £37.99 Million

According to QANTM Intellectual Property's latest financial reports the company has £37.99 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

QANTM Intellectual Property - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$£37.93 M	-7.04%
2022-06-30	$£40.8 M	3.22%
2021-06-30	$£39.53 M	-0.53%
2020-06-30	$£39.74 M	1.8%
2019-06-30	$£39.04 M	-0.09%
2018-06-30	$£39.07 M	-6.63%
2017-06-30	$£41.85 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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QANTM Intellectual Property (QIP.AX) - Net assets