Arqit Quantum (ARQQ)

Net assets on the balance sheet as of September 2023 : $66.65 Million USD

According to Arqit Quantum's latest financial reports the company has $66.65 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Arqit Quantum - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-09-30	$$66.65 M	-15.15%
2022-09-30	$$78.55 M	-332.13%
2021-09-30	$-$33.85 Million	-3734.91%
2020-09-30	$$0.93 M	-29.63%
2019-09-30	$$1.32 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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Arqit Quantum (ARQQ) - Net assets