Zoom Telephonics (MINM)

Net assets on the balance sheet as of June 2024 : -$0.41 M

According to Zoom Telephonics's latest financial reports the company has -$0.41 M 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	$$16.34 M	-46.39%
2021-12-31	$$30.48 M	291.33%
2020-12-31	$$7.79 M	27.52%
2019-12-31	$$6.1 M	57.6%
2018-12-31	$$3.87 M	22.22%
2017-12-31	$$3.17 M	-23.78%
2016-12-31	$$4.16 M	-19.26%
2015-12-31	$$5.15 M	138.75%
2014-12-31	$$2.15 M	-9.54%
2013-12-31	$$2.38 M	-17.77%
2012-12-31	$$2.9 M	-19.87%
2011-12-31	$$3.62 M	-14.92%
2010-12-31	$$4.25 M	38.8%
2009-12-31	$$3.06 M	-38.14%
2008-12-31	$$4.95 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NETGEAR NTGR	$0.51 B	-126,465.50%	🇺🇸 USA
Ribbon Communications RBBN	$0.40 B	-100,187.23%	🇺🇸 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 : -$0.41 M