Globe Life (GL) - Net Assets

Net assets on the balance sheet as of June 2024 : A$7.79 Billion

According to Globe Life 's latest financial reports the company has A$7.79 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Globe Life - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$6.58 B	13.47%
2022-12-31	$A$5.80 B	-51.32%
2021-12-31	$A$11.92 B	4.51%
2020-12-31	$A$11.40 B	9.49%
2019-12-31	$A$10.41 B	35.53%
2018-12-31	$A$7.68 B	-3.7%
2017-12-31	$A$7.98 B	25.98%
2016-12-31	$A$6.33 B	13.81%
2015-12-31	$A$5.56 B	-3.01%
2014-12-31	$A$5.73 B	35.58%
2013-12-31	$A$4.23 B	0.87%
2012-12-31	$A$4.19 B	11.5%
2011-12-31	$A$3.76 B	-4.8%
2010-12-31	$A$3.95 B	4.5%
2009-12-31	$A$3.78 B	20.09%
2008-12-31	$A$3.15 B	-17.14%
2007-12-31	$A$3.80 B	-13.34%
2006-12-31	$A$4.38 B	-6.47%
2005-12-31	$A$4.69 B	6.16%
2004-12-31	$A$4.41 B	1.38%
2003-12-31	$A$4.35 B	-18.02%
2002-12-31	$A$5.31 B	2.73%
2001-12-31	$A$5.17 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 Life (GL) - Net assets