Arqit Quantum (ARQQ)

Net assets on the balance sheet as of September 2023 : C$93.9 Million

According to Arqit Quantum's latest financial reports the company has C$93.9 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Arqit Quantum - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-09-30	$C$90.58 M	-15.67%
2022-09-30	$C$0.10 B	-348.89%
2021-09-30	$-C$43.17 Million	-3563.81%
2020-09-30	$C$1.24 M	-28.84%
2019-09-30	$C$1.75 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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Arqit Quantum (ARQQ) - Net assets