Global Medical REIT (GMRE)

Net assets on the balance sheet as of June 2024 : A$0.88 Billion

According to Global Medical REIT 's latest financial reports the company has A$0.88 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Global Medical REIT - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.88 B	-6.77%
2022-12-31	$A$0.95 B	8.46%
2021-12-31	$A$0.87 B	47.73%
2020-12-31	$A$0.59 B	-9.46%
2019-12-31	$A$0.65 B	54.53%
2018-12-31	$A$0.42 B	28.25%
2017-12-31	$A$0.33 B	54.26%
2016-12-31	$A$0.21 B	-113135.95%
2015-12-31	$-A$0.2 Million
2014-08-31	$A$2.37 M	-13412.12%
2013-08-31	$-A$0.02 Million	-514.35%
2012-08-31	$A$0 M	-91.56%
2011-08-31	$A$0.05 M

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 Medical REIT (GMRE) - Net assets