Global Medical REIT (GMRE)

Net assets on the balance sheet as of June 2024 : $0.57 Billion USD

According to Global Medical REIT 's latest financial reports the company has $0.57 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Global Medical REIT - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$$0.60 B	-6.66%
2022-12-31	$$0.64 B	1.8%
2021-12-31	$$0.63 B	39.28%
2020-12-31	$$0.45 B	-0.56%
2019-12-31	$$0.46 B	53.58%
2018-12-31	$$0.29 B	15.73%
2017-12-31	$$0.25 B	67.07%
2016-12-31	$$0.15 B	-111946.36%
2015-12-31	$-$0.14 Million
2014-08-31	$$2.22 M	-14066.1%
2013-08-31	$-$0.02 Million	-458.79%
2012-08-31	$$0 M	-91.87%
2011-08-31	$$0.05 M

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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Global Medical REIT (GMRE) - Net assets