Race Oncology (RAC.AX)

Net assets on the balance sheet as of June 2024 : NZ$21.69 Million

According to Race Oncology's latest financial reports the company has NZ$21.69 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	$NZ$27.8 M	-30.32%
2022-06-30	$NZ$39.9 M	170.55%
2021-06-30	$NZ$14.75 M	142.47%
2020-06-30	$NZ$6.08 M	15.32%
2019-06-30	$NZ$5.27 M	-39.15%
2018-06-30	$NZ$8.66 M	46.27%
2017-06-30	$NZ$5.92 M
2015-12-31	$NZ$7.5 M

What is the market capitalization of a company?

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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