Granite Point Mortgage Trust (GPMT)

Net assets on the balance sheet as of September 2024 : C$0.95 Billion

According to Granite Point Mortgage Trust's latest financial reports the company has C$0.95 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Granite Point Mortgage Trust - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$1.13 B	-14.64%
2022-12-31	$C$1.33 B	3.37%
2021-12-31	$C$1.29 B	8.44%
2020-12-31	$C$1.19 B	-10.54%
2019-12-31	$C$1.33 B	18.08%
2018-12-31	$C$1.12 B	8.21%
2017-12-31	$C$1.04 B	81.13%
2016-12-31	$C$0.57 B	-14.85%
2015-12-31	$C$0.67 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onity Group OCN	C$0.62 B	-35.31%	🇺🇸 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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Granite Point Mortgage Trust (GPMT) - Net assets

Net assets on the balance sheet as of September 2024 : C$0.95 Billion