QANTM Intellectual Property (QIP.AX)

Net assets on the balance sheet as of June 2023 : £36.7 M

According to QANTM Intellectual Property's latest financial reports the company has £36.7 M 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	$£37.89 M	-7.24%
2022-06-30	$£40.85 M	3.22%
2021-06-30	$£39.57 M	-0.13%
2020-06-30	$£39.62 M	1.51%
2019-06-30	$£39.04 M	-0.09%
2018-06-30	$£39.07 M	-6.57%
2017-06-30	$£41.82 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