Race Oncology (RAC.AX)

Net assets on the balance sheet as of June 2024 : €11.56 Million

According to Race Oncology's latest financial reports the company has €11.56 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	$€15.52 M	-34.72%
2022-06-30	$€23.78 M	174.52%
2021-06-30	$€8.66 M	149.18%
2020-06-30	$€3.47 M	11.66%
2019-06-30	$€3.11 M	-37.94%
2018-06-30	$€5.01 M	32.49%
2017-06-30	$€3.78 M
2015-12-31	$€4.69 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