Race Oncology (RAC.AX)

Net assets on the balance sheet as of June 2024 : A$19.58 Million

According to Race Oncology's latest financial reports the company has A$19.58 Million 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 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$A$25.48 M	-29.42%
2022-06-30	$A$36.1 M	163.13%
2021-06-30	$A$13.72 M	141.17%
2020-06-30	$A$5.69 M	12.68%
2019-06-30	$A$5.04 M	-36.32%
2018-06-30	$A$7.93 M	40.68%
2017-06-30	$A$5.63 M
2015-12-31	$A$7.05 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