Globe Life (GL) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$8.95 Billion

According to Globe Life 's latest financial reports the company has NZ$8.95 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Globe Life - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$7.09 B	14.05%
2022-12-31	$NZ$6.22 B	-50.84%
2021-12-31	$NZ$12.65 B	4.09%
2020-12-31	$NZ$12.15 B	12.24%
2019-12-31	$NZ$10.83 B	34.16%
2018-12-31	$NZ$8.07 B	-7.99%
2017-12-31	$NZ$8.77 B	33.08%
2016-12-31	$NZ$6.59 B	11.26%
2015-12-31	$NZ$5.92 B	-1.16%
2014-12-31	$NZ$5.99 B	30.46%
2013-12-31	$NZ$4.59 B	-13.33%
2012-12-31	$NZ$5.30 B	7.22%
2011-12-31	$NZ$4.94 B	-5%
2010-12-31	$NZ$5.20 B	11.25%
2009-12-31	$NZ$4.67 B	22.17%
2008-12-31	$NZ$3.83 B	-11.75%
2007-12-31	$NZ$4.34 B	-11.61%
2006-12-31	$NZ$4.91 B	-2.23%
2005-12-31	$NZ$5.02 B	4.79%
2004-12-31	$NZ$4.79 B	-3.85%
2003-12-31	$NZ$4.98 B	-12.93%
2002-12-31	$NZ$5.72 B	-10.02%
2001-12-31	$NZ$6.36 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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