Richtech Robotics (RR)

Net assets on the balance sheet as of June 2024 : $9.07 Million USD

According to Richtech Robotics's latest financial reports the company has $9.07 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Richtech Robotics - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$$4.8 M	64.8%
2022-09-30	$$2.91 M	56.21%
2021-09-30	$$1.86 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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Richtech Robotics (RR) - Net assets