Globe Telecom, Inc. (GTMEY)

Net assets on the balance sheet as of September 2024 : €2.87 Billion

According to Globe Telecom, Inc.'s latest financial reports the company has €2.87 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Globe Telecom, Inc. - Net assets on balance sheet (from 2009 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$€2.55 B	29.56%
2021-12-31	$€1.97 B	40.78%
2020-12-31	$€1.40 B	-2%
2019-12-31	$€1.42 B	17.38%
2018-12-31	$€1.21 B	9.64%
2017-12-31	$€1.11 B	-8.74%
2016-12-31	$€1.21 B	4.8%
2015-12-31	$€1.16 B	15.59%
2014-12-31	$€1.00 B	47.55%
2013-12-31	$€0.68 B	-19.27%
2012-12-31	$€0.84 B	0.73%
2011-12-31	$€0.83 B	3.91%
2010-12-31	$€0.80 B	12.25%
2009-12-31	$€0.71 B	-5.34%
2008-12-31	$€0.75 B	-17.8%
2007-12-31	$€0.92 B	4.61%
2006-12-31	$€0.88 B	7.12%
2005-12-31	$€0.82 B	14.76%
2004-12-31	$€0.71 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 Telecom, Inc. (GTMEY) - Net assets