Zoom Telephonics (MINM)

Net assets on the balance sheet as of June 2024 : -₹34.19 Million

According to Zoom Telephonics's latest financial reports the company has -₹34.19 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Zoom Telephonics - Net assets on balance sheet (from 2008 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹1.35 B	-40.4%
2021-12-31	$₹2.26 B	298.27%
2020-12-31	$₹0.56 B	30.78%
2019-12-31	$₹0.43 B	60.73%
2018-12-31	$₹0.27 B	33.84%
2017-12-31	$₹0.20 B	-28.39%
2016-12-31	$₹0.28 B	-17.43%
2015-12-31	$₹0.34 B	150.34%
2014-12-31	$₹0.13 B	-7.2%
2013-12-31	$₹0.14 B	-7.22%
2012-12-31	$₹0.15 B	-17.07%
2011-12-31	$₹0.19 B	0.45%
2010-12-31	$₹0.19 B	34.05%
2009-12-31	$₹0.14 B	-40.28%
2008-12-31	$₹0.23 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NETGEAR NTGR	₹46.48 B	-136,095.10%	🇺🇸 USA
Ribbon Communications RBBN	₹33.41 B	-97,842.60%	🇺🇸 USA

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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Zoom Telephonics (MINM) - Net assets

Net assets on the balance sheet as of June 2024 : -₹34.19 Million