Global Medical REIT (GMRE)

Net assets on the balance sheet as of June 2024 : HK$4.50 B

According to Global Medical REIT 's latest financial reports the company has HK$4.50 B 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	$HK$4.73 B	-6.7%
2022-12-31	$HK$5.07 B	2.01%
2021-12-31	$HK$4.97 B	40.07%
2020-12-31	$HK$3.54 B	-1.01%
2019-12-31	$HK$3.58 B	52.76%
2018-12-31	$HK$2.34 B	15.99%
2017-12-31	$HK$2.02 B	68.33%
2016-12-31	$HK$1.20 B	-112005.31%
2015-12-31	$-HK$1.08 M
2014-08-31	$HK$17.21 M	-14057.74%
2013-08-31	$-HK$0.13 M	-458.72%
2012-08-31	$HK$0.03 M	-91.91%
2011-08-31	$HK$0.42 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