Richtech Robotics (RR)

Net assets on the balance sheet as of June 2024 : NZ$14.67 M

According to Richtech Robotics's latest financial reports the company has NZ$14.67 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Richtech Robotics - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$NZ$8.02 M	54.96%
2022-09-30	$NZ$5.17 M	90.94%
2021-09-30	$NZ$2.71 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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Richtech Robotics (RR) - Net assets