Global Fashion Group (GFG.DE)

Net assets on the balance sheet as of December 2023 : A$0.50 Billion

According to Global Fashion Group's latest financial reports the company has A$0.50 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Global Fashion Group - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.47 B	-36.43%
2022-12-31	$A$0.75 B	-15.73%
2021-12-31	$A$0.89 B	-9.61%
2020-12-31	$A$0.99 B	-4.66%
2019-12-31	$A$1.03 B	5.99%
2018-12-31	$A$0.98 B	-19.59%
2017-12-31	$A$1.21 B	1.36%
2016-12-31	$A$1.20 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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Global Fashion Group (GFG.DE) - Net assets