Zoom Telephonics (MINM)

Net assets on the balance sheet as of June 2024 : -C$0.57 Million

According to Zoom Telephonics's latest financial reports the company has -C$0.57 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	$C$22.17 M	-42.92%
2021-12-31	$C$38.85 M	291.14%
2020-12-31	$C$9.93 M	24.5%
2019-12-31	$C$7.97 M	51.1%
2018-12-31	$C$5.28 M	32.42%
2017-12-31	$C$3.98 M	-28.69%
2016-12-31	$C$5.59 M	-21.78%
2015-12-31	$C$7.14 M	185.39%
2014-12-31	$C$2.5 M	-1.38%
2013-12-31	$C$2.54 M	-11.97%
2012-12-31	$C$2.88 M	-21.67%
2011-12-31	$C$3.68 M	-13.42%
2010-12-31	$C$4.25 M	31.86%
2009-12-31	$C$3.22 M	-46.47%
2008-12-31	$C$6.02 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NETGEAR NTGR	C$0.77 B	-136,095.10%	🇺🇸 USA
Ribbon Communications RBBN	C$0.55 B	-97,842.60%	🇺🇸 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 June 2024 : -C$0.57 Million