Globe Telecom, Inc. (GTMEY)

Net assets on the balance sheet as of June 2024 : $2.84 Billion USD

According to Globe Telecom, Inc.'s latest financial reports the company has $2.84 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Globe Telecom, Inc. - Net assets on balance sheet (from 2009 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$$2.73 B	22.72%
2021-12-31	$$2.23 B	29.62%
2020-12-31	$$1.72 B	7.6%
2019-12-31	$$1.60 B	14.94%
2018-12-31	$$1.39 B	4.54%
2017-12-31	$$1.33 B	4.1%
2016-12-31	$$1.27 B	0.82%
2015-12-31	$$1.26 B	3.92%
2014-12-31	$$1.22 B	29.94%
2013-12-31	$$0.94 B	-15.71%
2012-12-31	$$1.11 B	2.6%
2011-12-31	$$1.08 B	1.45%
2010-12-31	$$1.07 B	4.21%
2009-12-31	$$1.02 B	-2.99%
2008-12-31	$$1.05 B	-21.3%
2007-12-31	$$1.34 B	15.76%
2006-12-31	$$1.16 B	19.32%
2005-12-31	$$0.97 B	0.22%
2004-12-31	$$0.97 B

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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Globe Telecom, Inc. (GTMEY) - Net assets