Rani Therapeutics (RANI)

Net assets on the balance sheet as of June 2024 : A$8.58 Million

According to Rani Therapeutics's latest financial reports the company has A$8.58 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rani Therapeutics - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.10 B	-35.15%
2021-12-31	$A$0.16 B	-213.76%
2020-12-31	$-A$0.15 Billion	6.79%
2019-12-31	$-A$0.14 Billion

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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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Rani Therapeutics (RANI) - Net assets