Arqit Quantum (ARQQ)

Net assets on the balance sheet as of September 2024 : NZ$20.6 Million

According to Arqit Quantum's latest financial reports the company has NZ$20.6 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 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$NZ$0.11 B	-18.73%
2022-09-30	$NZ$0.13 B	-377.81%
2021-09-30	$-NZ$49.25 Million	-3591.33%
2020-09-30	$NZ$1.41 M	-32.98%
2019-09-30	$NZ$2.1 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