Cerence (CRNC) - Net Assets

Net assets on the balance sheet as of June 2024 : S$0.20 Billion

According to Cerence's latest financial reports the company has S$0.20 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Cerence - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$S$0.94 B	-6.97%
2022-09-30	$S$1.02 B	-27.37%
2021-09-30	$S$1.40 B	6.98%
2020-09-30	$S$1.31 B	-10.96%
2019-09-30	$S$1.47 B	8.66%
2018-09-30	$S$1.35 B	0.16%
2017-09-30	$S$1.35 B	-1.8%
2016-09-30	$S$1.38 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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Cerence (CRNC) - Net assets