Bright Minds Biosciences (DRUG)

Net assets on the balance sheet as of June 2024 : S$5.99 Million

According to Bright Minds Biosciences's latest financial reports the company has S$5.99 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Bright Minds Biosciences - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$S$6.63 M	-39.89%
2022-09-30	$S$11.03 M	-46.73%
2021-09-30	$S$20.71 M	2678.59%
2020-09-30	$S$0.74 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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Bright Minds Biosciences (DRUG) - Net assets