Global Medical REIT (GMRE)

Net assets on the balance sheet as of September 2024 : NZ$0.99 Billion

According to Global Medical REIT 's latest financial reports the company has NZ$0.99 Billion 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	$NZ$0.95 B	-6.29%
2022-12-31	$NZ$1.02 B	9.52%
2021-12-31	$NZ$0.93 B	47.13%
2020-12-31	$NZ$0.63 B	-7.19%
2019-12-31	$NZ$0.68 B	52.96%
2018-12-31	$NZ$0.44 B	22.53%
2017-12-31	$NZ$0.36 B	62.95%
2016-12-31	$NZ$0.22 B	-110610.57%
2015-12-31	$-NZ$0.21 Million
2014-08-31	$NZ$2.65 M	-13022.75%
2013-08-31	$-NZ$0.03 Million	-470.04%
2012-08-31	$NZ$0 M	-91.32%
2011-08-31	$NZ$0.06 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