Globe Telecom, Inc. (GTMEY)

Net assets on the balance sheet as of June 2024 : NZ$4.80 Billion

According to Globe Telecom, Inc.'s latest financial reports the company has NZ$4.80 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	$NZ$4.31 B	32.02%
2021-12-31	$NZ$3.26 B	36.92%
2020-12-31	$NZ$2.38 B	0.44%
2019-12-31	$NZ$2.37 B	14.48%
2018-12-31	$NZ$2.07 B	10.68%
2017-12-31	$NZ$1.87 B	1.54%
2016-12-31	$NZ$1.84 B	-0.39%
2015-12-31	$NZ$1.85 B	18.97%
2014-12-31	$NZ$1.55 B	36.29%
2013-12-31	$NZ$1.14 B	-15.62%
2012-12-31	$NZ$1.35 B	-2.66%
2011-12-31	$NZ$1.39 B	0.28%
2010-12-31	$NZ$1.38 B	-1.89%
2009-12-31	$NZ$1.41 B	-22.49%
2008-12-31	$NZ$1.82 B	3.89%
2007-12-31	$NZ$1.75 B	6.46%
2006-12-31	$NZ$1.65 B	15.76%
2005-12-31	$NZ$1.42 B	4.63%
2004-12-31	$NZ$1.36 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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Globe Telecom, Inc. (GTMEY) - Net assets