Race Oncology (RAC.AX)

Net assets on the balance sheet as of June 2023 : NZ$27.45 M

According to Race Oncology's latest financial reports the company has NZ$27.45 M 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	$NZ$27.69 M	-30.63%
2022-06-30	$NZ$39.91 M	170.89%
2021-06-30	$NZ$14.73 M	142.26%
2020-06-30	$NZ$6.08 M	15.31%
2019-06-30	$NZ$5.27 M	-39.15%
2018-06-30	$NZ$8.66 M	46.65%
2017-06-30	$NZ$5.91 M
2015-12-31	$NZ$7.51 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