Zoom Telephonics (MINM)

Net assets on the balance sheet as of September 2024 : -A$0.9 Million

According to Zoom Telephonics's latest financial reports the company has -A$0.9 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Zoom Telephonics - Net assets on balance sheet (from 2008 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$24.01 M	-42.88%
2021-12-31	$A$42.05 M	315.05%
2020-12-31	$A$10.13 M	16.12%
2019-12-31	$A$8.72 M	58.57%
2018-12-31	$A$5.5 M	35.45%
2017-12-31	$A$4.06 M	-29.63%
2016-12-31	$A$5.77 M	-18.4%
2015-12-31	$A$7.07 M	168.21%
2014-12-31	$A$2.63 M	-1.4%
2013-12-31	$A$2.67 M	-4.2%
2012-12-31	$A$2.79 M	-20.94%
2011-12-31	$A$3.53 M	-15.71%
2010-12-31	$A$4.19 M	22.75%
2009-12-31	$A$3.41 M	-51.42%
2008-12-31	$A$7.02 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NETGEAR NTGR	A$0.88 B	-98,574.74%	🇺🇸 USA
Ribbon Communications RBBN	A$0.63 B	-70,875.91%	🇺🇸 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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Zoom Telephonics (MINM) - Net assets

Net assets on the balance sheet as of September 2024 : -A$0.9 Million