Globus Medical (GMED)

Total debt on the balance sheet as of September 2024 : A$0.85 Billion

According to Globus Medical's latest financial reports the company's total debt is A$0.85 Billion. A company’s total debt is the sum of all current and non-current debts.

Globus Medical - Total debt on balance sheet (from 2022 to 2024)

Total debt by year

Year	Total debt	Change
2023-12-31	A$0.76 B	8547.41%
2022-12-31	A$8.83 M
2010-12-31	A$5.17 M

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
NuVasive NUVA	A$1.44 B	69.51%	🇺🇸 USA
Stryker Corporation SYK	A$24.73 B	2,796.60%	🇺🇸 USA
Orthofix Medical OFIX	A$0.21 B	-74.33%	🇺🇸 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) - Total debt

Total debt on the balance sheet as of September 2024 : A$0.85 Billion