Rain Therapeutics (RAIN) - Net assets

Net assets on the balance sheet as of September 2023 : NZ$0.11 Billion

According to Rain Therapeutics's latest financial reports the company has NZ$0.11 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rain Therapeutics - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.17 B	-6.82%
2021-12-31	$NZ$0.19 B	-468.44%
2020-12-31	$-NZ$51.86 Million	102.49%
2019-12-31	$-NZ$25.62 Million

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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