Incannex Healthcare (IXHL)

Net assets on the balance sheet as of June 2024 : A$17.27 Million

According to Incannex Healthcare's latest financial reports the company has A$17.27 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Incannex Healthcare - Net assets on balance sheet (from 2007 to 2023)

Net assets by year

Year	Net assets	Change
2023-06-30	$A$55.68 M	125.69%
2022-06-30	$A$24.67 M	283.04%
2021-06-30	$A$6.44 M	196.26%
2020-06-30	$A$2.17 M	-844.21%
2019-06-30	$-A$0.3 Million	3.76%
2018-06-30	$-A$0.29 Million	117.02%
2017-06-30	$-A$0.13 Million	-7.16%
2016-06-30	$-A$0.14 Million	-138.47%
2015-06-30	$A$0.36 M	-81.34%
2014-06-30	$A$1.94 M	-86.95%
2013-06-30	$A$14.91 M	-32.21%
2012-06-30	$A$22 M	22.03%
2011-06-30	$A$18.03 M	53.85%
2010-06-30	$A$11.72 M	77.92%
2009-06-30	$A$6.58 M	-27.77%
2008-06-30	$A$9.11 M	61.89%
2007-06-30	$A$5.63 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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Incannex Healthcare (IXHL) - Net assets