Incannex Healthcare (IXHL)

Net assets on the balance sheet as of September 2024 : $6.59 Million USD

According to Incannex Healthcare's latest financial reports the company has $6.59 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Incannex Healthcare - Net assets on balance sheet (from 2023 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$$36.86 M	117.13%
2022-06-30	$$16.97 M	250.76%
2021-06-30	$$4.84 M	223.93%
2020-06-30	$$1.49 M	-828.31%
2019-06-30	$-$0.21 Million	-1.58%
2018-06-30	$-$0.21 Million	109.06%
2017-06-30	$-$0.1 Million	-4.48%
2016-06-30	$-$0.11 Million	-137.45%
2015-06-30	$$0.27 M	-84.79%
2014-06-30	$$1.83 M	-86.56%
2013-06-30	$$13.63 M	-39.51%
2012-06-30	$$22.53 M	16.89%
2011-06-30	$$19.28 M	95.53%
2010-06-30	$$9.86 M	85.67%
2009-06-30	$$5.31 M	-39.22%
2008-06-30	$$8.73 M	83.16%
2007-06-30	$$4.77 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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Incannex Healthcare (IXHL) - Net assets