Race Oncology (RAC.AX)

Net assets on the balance sheet as of June 2023 : HK$0.13 B

According to Race Oncology's latest financial reports the company has HK$0.13 B 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	$HK$0.13 B	-32.07%
2022-06-30	$HK$0.19 B	145.13%
2021-06-30	$HK$79.92 M	163%
2020-06-30	$HK$30.39 M	9.69%
2019-06-30	$HK$27.7 M	-39.87%
2018-06-30	$HK$46.07 M	36.37%
2017-06-30	$HK$33.78 M
2015-12-31	$HK$39.81 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