GlobalFoundries (GFS)

Net assets on the balance sheet as of June 2024 : £8.89 Billion

According to GlobalFoundries's latest financial reports the company has £8.89 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

GlobalFoundries - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$£8.23 B	38.34%
2021-12-31	$£5.95 B	12.02%
2020-12-31	$£5.31 B	-22.76%
2019-12-31	$£6.87 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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GlobalFoundries (GFS) - Net assets