Zoom Telephonics (MINM)

Net assets on the balance sheet as of June 2024 : -£0.33 Million

According to Zoom Telephonics's latest financial reports the company has -£0.33 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	$£13.51 M	-40.18%
2021-12-31	$£22.58 M	295.17%
2020-12-31	$£5.71 M	22.68%
2019-12-31	$£4.65 M	52.56%
2018-12-31	$£3.05 M	30.13%
2017-12-31	$£2.34 M	-30.41%
2016-12-31	$£3.37 M	-3.03%
2015-12-31	$£3.47 M	150.83%
2014-12-31	$£1.38 M	-4.16%
2013-12-31	$£1.44 M	-19.43%
2012-12-31	$£1.79 M	-22.95%
2011-12-31	$£2.33 M	-15.49%
2010-12-31	$£2.75 M	45.5%
2009-12-31	$£1.89 M	-43.97%
2008-12-31	$£3.38 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NETGEAR NTGR	£0.43 B	-136,095.10%	🇺🇸 USA
Ribbon Communications RBBN	£0.31 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 : -£0.33 Million