Cerence (CRNC) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$0.26 Billion

According to Cerence's latest financial reports the company has NZ$0.26 Billion 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	$NZ$1.15 B	-6.64%
2022-09-30	$NZ$1.24 B	-17.32%
2021-09-30	$NZ$1.50 B	3.24%
2020-09-30	$NZ$1.45 B	-14.4%
2019-09-30	$NZ$1.69 B	13.22%
2018-09-30	$NZ$1.50 B	8.23%
2017-09-30	$NZ$1.38 B	-0.66%
2016-09-30	$NZ$1.39 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