Zoom Telephonics (MINM)

Net assets on the balance sheet as of June 2024 : -HK$3.15 Million

According to Zoom Telephonics's latest financial reports the company has -HK$3.15 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Zoom Telephonics - Net assets on balance sheet (from 2008 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$0.12 B	-46.28%
2021-12-31	$HK$0.23 B	293.62%
2020-12-31	$HK$60.39 M	26.94%
2019-12-31	$HK$47.57 M	56.74%
2018-12-31	$HK$30.35 M	22.5%
2017-12-31	$HK$24.77 M	-23.21%
2016-12-31	$HK$32.26 M	-19.22%
2015-12-31	$HK$39.94 M	138.57%
2014-12-31	$HK$16.74 M	-9.51%
2013-12-31	$HK$18.5 M	-17.74%
2012-12-31	$HK$22.49 M	-20.04%
2011-12-31	$HK$28.12 M	-15.08%
2010-12-31	$HK$33.12 M	39.31%
2009-12-31	$HK$23.77 M	-37.93%
2008-12-31	$HK$38.3 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NETGEAR NTGR	HK$3.97 B	-126,465.50%	🇺🇸 USA
Ribbon Communications RBBN	HK$3.07 B	-97,842.60%	🇺🇸 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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Zoom Telephonics (MINM) - Net assets

Net assets on the balance sheet as of June 2024 : -HK$3.15 Million