Cerence (CRNC) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$1.19 Billion

According to Cerence's latest financial reports the company has HK$1.19 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Cerence - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$HK$5.44 B	-2.76%
2022-09-30	$HK$5.59 B	-30.34%
2021-09-30	$HK$8.03 B	7.97%
2020-09-30	$HK$7.44 B	-11.15%
2019-09-30	$HK$8.37 B	7.7%
2018-09-30	$HK$7.77 B	-0.15%
2017-09-30	$HK$7.78 B	-0.71%
2016-09-30	$HK$7.84 B

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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Cerence (CRNC) - Net assets