Globe Trade Centre (GTC.WA)

Net assets on the balance sheet as of June 2024 : A$1.80 B

According to Globe Trade Centre's latest financial reports the company has A$1.80 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Globe Trade Centre - Net assets on balance sheet (from 2009 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$1.82 B
2021-12-31	$A$1.74 B	13.11%
2020-12-31	$A$1.54 B	-8.61%
2019-12-31	$A$1.69 B	1.91%
2018-12-31	$A$1.65 B	14.7%
2017-12-31	$A$1.44 B	25.44%
2016-12-31	$A$1.15 B	23.82%
2015-12-31	$A$0.93 B	47.42%
2014-12-31	$A$0.63 B	-29.07%
2013-12-31	$A$0.89 B	-6.13%
2012-12-31	$A$0.94 B	3.53%
2011-12-31	$A$0.91 B	-33.57%
2010-12-31	$A$1.37 B	-14.72%
2009-12-31	$A$1.61 B	-31.48%
2008-12-31	$A$2.36 B	42.4%
2007-12-31	$A$1.65 B	35.41%
2006-12-31	$A$1.22 B	63.16%
2005-12-31	$A$0.75 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 Trade Centre (GTC.WA) - Net assets