Globus Medical (GMED)

Net assets on the balance sheet as of September 2024 : A$6.50 Billion

According to Globus Medical's latest financial reports the company has A$6.50 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Globus Medical - Net assets on balance sheet (from 2011 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$5.86 B	116.28%
2022-12-31	$A$2.71 B	12.96%
2021-12-31	$A$2.40 B	22.62%
2020-12-31	$A$1.95 B	-2.2%
2019-12-31	$A$2.00 B	19.03%
2018-12-31	$A$1.68 B	35.75%
2017-12-31	$A$1.23 B	7.39%
2016-12-31	$A$1.15 B	17.56%
2015-12-31	$A$0.98 B	37.26%
2014-12-31	$A$0.71 B	35.09%
2013-12-31	$A$0.52 B	42.39%
2012-12-31	$A$0.37 B	35%
2011-12-31	$A$0.27 B	22.63%
2010-12-31	$A$0.22 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NuVasive NUVA	A$1.42 B	-78.07%	🇺🇸 USA
Stryker Corporation SYK	A$32.19 B	395.13%	🇺🇸 USA
Orthofix Medical OFIX	A$0.84 B	-87.08%	🇺🇸 USA

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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Globus Medical (GMED) - Net assets

Net assets on the balance sheet as of September 2024 : A$6.50 Billion