Race Oncology (RAC.AX)

Net assets on the balance sheet as of June 2023 : ₹1.42 B

According to Race Oncology's latest financial reports the company has ₹1.42 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	$₹1.39 B	-29.3%
2022-06-30	$₹1.97 B	157.81%
2021-06-30	$₹0.76 B	158.17%
2020-06-30	$₹0.29 B	21.14%
2019-06-30	$₹0.24 B	-39.16%
2018-06-30	$₹0.40 B	43.68%
2017-06-30	$₹0.27 B
2015-12-31	$₹0.34 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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Race Oncology (RAC.AX) - Net assets