Zoom Telephonics (MINM)

Net assets on the balance sheet as of June 2024 : -£0.31 M

According to Zoom Telephonics's latest financial reports the company has -£0.31 M 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	$£13.51 M	-40.02%
2021-12-31	$£22.52 M	294.74%
2020-12-31	$£5.7 M	23.96%
2019-12-31	$£4.6 M	51.53%
2018-12-31	$£3.03 M	29.46%
2017-12-31	$£2.34 M	-30.41%
2016-12-31	$£3.37 M	-2.93%
2015-12-31	$£3.47 M	150.54%
2014-12-31	$£1.38 M	-4.03%
2013-12-31	$£1.44 M	-19.49%
2012-12-31	$£1.79 M	-22.98%
2011-12-31	$£2.33 M	-15.78%
2010-12-31	$£2.76 M	44.82%
2009-12-31	$£1.91 M	-44.43%
2008-12-31	$£3.43 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NETGEAR NTGR	£0.38 B	-126,465.50%	🇺🇸 USA
Ribbon Communications RBBN	£0.30 B	-100,187.23%	🇺🇸 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 : -£0.31 M