QANTM Intellectual Property (QIP.AX)

Net assets on the balance sheet as of June 2023 : S$65.1 Million

According to QANTM Intellectual Property's latest financial reports the company has S$65.1 Million 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	$S$64.89 M	-5.87%
2022-06-30	$S$68.93 M	-6.31%
2021-06-30	$S$73.58 M	7.95%
2020-06-30	$S$68.16 M	1.67%
2019-06-30	$S$67.04 M	-4.69%
2018-06-30	$S$70.34 M	-6.28%
2017-06-30	$S$75.05 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