Cerence (CRNC) - Net Assets

Net assets on the balance sheet as of June 2024 : ₹12.93 B

According to Cerence's latest financial reports the company has ₹12.93 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Cerence - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$₹57.79 B	-0.4%
2022-09-30	$₹58.02 B	-24.25%
2021-09-30	$₹76.61 B	8.47%
2020-09-30	$₹70.62 B	-6.43%
2019-09-30	$₹75.48 B	4.79%
2018-09-30	$₹72.03 B	10.6%
2017-09-30	$₹65.12 B	-3.67%
2016-09-30	$₹67.60 B

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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Cerence (CRNC) - Net assets