Bright Minds Biosciences (DRUG)

Net assets on the balance sheet as of June 2024 : A$6.89 Million

According to Bright Minds Biosciences's latest financial reports the company has A$6.89 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Bright Minds Biosciences - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$A$7.55 M	-36.19%
2022-09-30	$A$11.83 M	-44.13%
2021-09-30	$A$21.18 M	2677.62%
2020-09-30	$A$0.76 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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Bright Minds Biosciences (DRUG) - Net assets