Richtech Robotics (RR)

Net assets on the balance sheet as of December 2024 : S$67.1 Million

According to Richtech Robotics's latest financial reports the company has S$67.1 Million 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
2024-09-30	$S$53.45 M	713.66%
2023-09-30	$S$6.56 M	57.3%
2022-09-30	$S$4.17 M	64.21%
2021-09-30	$S$2.54 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