QANTM Intellectual Property (QIP.AX)

Net assets on the balance sheet as of June 2023 : $47.84 Million USD

According to QANTM Intellectual Property's latest financial reports the company has $47.84 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

QANTM Intellectual Property - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$$47.84 M	-3.34%
2022-06-30	$$49.5 M	-9.54%
2021-06-30	$$54.72 M	11.85%
2020-06-30	$$48.92 M	-1.29%
2019-06-30	$$49.56 M	-3.98%
2018-06-30	$$51.61 M	-5.21%
2017-06-30	$$54.45 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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QANTM Intellectual Property (QIP.AX) - Net assets