Arqit Quantum (ARQQ)

Net assets on the balance sheet as of September 2023 : HK$0.51 Billion

According to Arqit Quantum's latest financial reports the company has HK$0.51 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Arqit Quantum - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-09-30	$HK$0.52 B	-15.35%
2022-09-30	$HK$0.61 B	-334.06%
2021-09-30	$-HK$0.27 Billion	-3751.37%
2020-09-30	$HK$7.21 M	-30.44%
2019-09-30	$HK$10.37 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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Arqit Quantum (ARQQ) - Net assets