Arqit Quantum (ARQQ)

Net assets on the balance sheet as of September 2023 : ₹5.63 Billion

According to Arqit Quantum's latest financial reports the company has ₹5.63 Billion 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	$₹5.54 B	-13.38%
2022-09-30	$₹6.40 B	-354.49%
2021-09-30	$-₹2.52 Billion	-3758.39%
2020-09-30	$₹68.74 M	-26.29%
2019-09-30	$₹93.26 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