Race Oncology (RAC.AX)

Net assets on the balance sheet as of June 2023 : £12.94 M

According to Race Oncology's latest financial reports the company has £12.94 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	$£13.36 M	-34.83%
2022-06-30	$£20.5 M	174.94%
2021-06-30	$£7.45 M	135.43%
2020-06-30	$£3.16 M	13.39%
2019-06-30	$£2.79 M	-37.16%
2018-06-30	$£4.44 M	33.58%
2017-06-30	$£3.32 M
2015-12-31	$£3.46 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