Race Oncology (RAC.AX)

Net assets on the balance sheet as of June 2024 : S$16.4 Million

According to Race Oncology's latest financial reports the company has S$16.4 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	$S$22.88 M	-33.87%
2022-06-30	$S$34.59 M	149.54%
2021-06-30	$S$13.86 M	154.48%
2020-06-30	$S$5.44 M	13.57%
2019-06-30	$S$4.79 M	-40.05%
2018-06-30	$S$8 M	33.99%
2017-06-30	$S$5.97 M
2015-12-31	$S$7.26 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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Race Oncology (RAC.AX) - Net assets