Cerence (CRNC) - Net Assets

Net assets on the balance sheet as of June 2024 : A$0.23 Billion

According to Cerence's latest financial reports the company has A$0.23 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	$A$1.08 B	-1.25%
2022-09-30	$A$1.09 B	-23.84%
2021-09-30	$A$1.43 B	6.94%
2020-09-30	$A$1.34 B	-14.93%
2019-09-30	$A$1.57 B	14.9%
2018-09-30	$A$1.37 B	8.09%
2017-09-30	$A$1.27 B	-4.05%
2016-09-30	$A$1.32 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