Race Oncology (RAC.AX)

Net assets on the balance sheet as of June 2023 : S$22.12 M

According to Race Oncology's latest financial reports the company has S$22.12 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Race Oncology - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$S$22.96 M	-33.78%
2022-06-30	$S$34.68 M	150.49%
2021-06-30	$S$13.84 M	153.33%
2020-06-30	$S$5.46 M	13.93%
2019-06-30	$S$4.79 M	-40.05%
2018-06-30	$S$8 M	34.3%
2017-06-30	$S$5.95 M
2015-12-31	$S$7.27 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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Race Oncology (RAC.AX) - Net assets