Globus Medical (GMED)

Net assets on the balance sheet as of September 2024 : S$5.48 Billion

According to Globus Medical's latest financial reports the company has S$5.48 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Globus Medical - Net assets on balance sheet (from 2011 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$5.28 B	113.32%
2022-12-31	$S$2.47 B	5.14%
2021-12-31	$S$2.35 B	18.14%
2020-12-31	$S$1.99 B	5.39%
2019-12-31	$S$1.89 B	16.74%
2018-12-31	$S$1.61 B	25.12%
2017-12-31	$S$1.29 B	7.48%
2016-12-31	$S$1.20 B	19.02%
2015-12-31	$S$1.01 B	30.8%
2014-12-31	$S$0.77 B	29.26%
2013-12-31	$S$0.59 B	26.62%
2012-12-31	$S$0.47 B	29.2%
2011-12-31	$S$0.36 B	24.45%
2010-12-31	$S$0.29 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NuVasive NUVA	S$1.20 B	-78.07%	🇺🇸 USA
Stryker Corporation SYK	S$27.17 B	395.13%	🇺🇸 USA
Orthofix Medical OFIX	S$0.73 B	-86.58%	🇺🇸 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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Globus Medical (GMED) - Net assets

Net assets on the balance sheet as of September 2024 : S$5.48 Billion