Globe Telecom, Inc. (GTMEY)

Net assets on the balance sheet as of June 2024 : HK$22.16 Billion

According to Globe Telecom, Inc.'s latest financial reports the company has HK$22.16 Billion 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	$HK$21.40 B	22.96%
2021-12-31	$HK$17.41 B	30.38%
2020-12-31	$HK$13.35 B	7.11%
2019-12-31	$HK$12.46 B	14.31%
2018-12-31	$HK$10.90 B	4.78%
2017-12-31	$HK$10.40 B	4.89%
2016-12-31	$HK$9.92 B	0.87%
2015-12-31	$HK$9.83 B	3.84%
2014-12-31	$HK$9.47 B	29.98%
2013-12-31	$HK$7.28 B	-15.68%
2012-12-31	$HK$8.64 B	2.4%
2011-12-31	$HK$8.44 B	1.25%
2010-12-31	$HK$8.33 B	4.6%
2009-12-31	$HK$7.97 B	-2.66%
2008-12-31	$HK$8.19 B	-22%
2007-12-31	$HK$10.50 B	16.05%
2006-12-31	$HK$9.04 B	19.69%
2005-12-31	$HK$7.55 B	-0.01%
2004-12-31	$HK$7.56 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