Globe Life (GL) - Net assets

Net assets on the balance sheet as of June 2024 : HK$40.69 Billion

According to Globe Life 's latest financial reports the company has HK$40.69 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	$HK$35.04 B	13.56%
2022-12-31	$HK$30.85 B	-54.21%
2021-12-31	$HK$67.39 B	-0.89%
2020-12-31	$HK$67.99 B	19.69%
2019-12-31	$HK$56.80 B	33.96%
2018-12-31	$HK$42.40 B	-12.9%
2017-12-31	$HK$48.68 B	37.48%
2016-12-31	$HK$35.41 B	12.66%
2015-12-31	$HK$31.43 B	-13.73%
2014-12-31	$HK$36.43 B	24.43%
2013-12-31	$HK$29.28 B	-13.39%
2012-12-31	$HK$33.80 B	12.78%
2011-12-31	$HK$29.97 B	-4.09%
2010-12-31	$HK$31.25 B	18.6%
2009-12-31	$HK$26.35 B	53.42%
2008-12-31	$HK$17.17 B	-33.73%
2007-12-31	$HK$25.92 B	-3.65%
2006-12-31	$HK$26.90 B	1.08%
2005-12-31	$HK$26.61 B	0.15%
2004-12-31	$HK$26.57 B	5.82%
2003-12-31	$HK$25.11 B	7.5%
2002-12-31	$HK$23.36 B	13.42%
2001-12-31	$HK$20.59 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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