Global Fashion Group (GFG.DE)

Net assets on the balance sheet as of December 2023 : ₹27.61 Billion

According to Global Fashion Group's latest financial reports the company has ₹27.61 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Global Fashion Group - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹27.21 B	-35.97%
2022-12-31	$₹42.50 B	-12.05%
2021-12-31	$₹48.32 B	-13.27%
2020-12-31	$₹55.71 B	7.39%
2019-12-31	$₹51.88 B	7.43%
2018-12-31	$₹48.29 B	-20.54%
2017-12-31	$₹60.78 B	3.15%
2016-12-31	$₹58.92 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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Global Fashion Group (GFG.DE) - Net assets