Globe Trade Centre (GTC.WA)

Net assets on the balance sheet as of June 2024 : $1.20 Billion USD

According to Globe Trade Centre's latest financial reports the company has $1.20 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Globe Trade Centre - Net assets on balance sheet (from 2009 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$$1.24 B
2021-12-31	$$1.26 B	5.59%
2020-12-31	$$1.19 B	1.03%
2019-12-31	$$1.18 B	1.56%
2018-12-31	$$1.16 B	3.4%
2017-12-31	$$1.12 B	35.86%
2016-12-31	$$0.83 B	22.34%
2015-12-31	$$0.67 B	31.27%
2014-12-31	$$0.51 B	-34.82%
2013-12-31	$$0.79 B	-19.34%
2012-12-31	$$0.98 B	4.77%
2011-12-31	$$0.93 B	-32.89%
2010-12-31	$$1.40 B	-3.29%
2009-12-31	$$1.44 B	-10.39%
2008-12-31	$$1.61 B	12.61%
2007-12-31	$$1.43 B	48.65%
2006-12-31	$$0.96 B	75.78%
2005-12-31	$$0.54 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 Trade Centre (GTC.WA) - Net assets