Granite Point Mortgage Trust (GPMT)

Net assets on the balance sheet as of September 2024 : A$1.05 Billion

According to Granite Point Mortgage Trust's latest financial reports the company has A$1.05 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Granite Point Mortgage Trust - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$1.26 B	-12.77%
2022-12-31	$A$1.44 B	3.43%
2021-12-31	$A$1.39 B	15.07%
2020-12-31	$A$1.21 B	-16.57%
2019-12-31	$A$1.45 B	23.92%
2018-12-31	$A$1.17 B	10.67%
2017-12-31	$A$1.06 B	78.76%
2016-12-31	$A$0.59 B	-11.17%
2015-12-31	$A$0.66 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onity Group OCN	A$0.68 B	-35.31%	🇺🇸 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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Granite Point Mortgage Trust (GPMT) - Net assets

Net assets on the balance sheet as of September 2024 : A$1.05 Billion