Rani Therapeutics (RANI)

Net assets on the balance sheet as of June 2024 : NZ$8.97 M

According to Rani Therapeutics's latest financial reports the company has NZ$8.97 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rani Therapeutics - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.11 B	-34.34%
2021-12-31	$NZ$0.17 B	-212.64%
2020-12-31	$-NZ$0.16 B	10.01%
2019-12-31	$-NZ$0.15 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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Rani Therapeutics (RANI) - Net assets