Cerence (CRNC) - Net Assets

Net assets on the balance sheet as of September 2024 : ₹11.98 Billion

According to Cerence's latest financial reports the company has ₹11.98 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	$₹57.79 B	-0.51%
2022-09-30	$₹58.09 B	-24.26%
2021-09-30	$₹76.69 B	8.18%
2020-09-30	$₹70.89 B	-5.85%
2019-09-30	$₹75.30 B	4.54%
2018-09-30	$₹72.03 B	10.6%
2017-09-30	$₹65.12 B	-3.63%
2016-09-30	$₹67.57 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