Granite Point Mortgage Trust (GPMT)

Net assets on the balance sheet as of September 2024 : ₹56.42 Billion

According to Granite Point Mortgage Trust's latest financial reports the company has ₹56.42 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	$₹71.51 B	-12.15%
2022-12-31	$₹81.39 B	7.94%
2021-12-31	$₹75.41 B	10.42%
2020-12-31	$₹68.29 B	-6.03%
2019-12-31	$₹72.67 B	25.6%
2018-12-31	$₹57.86 B	9.37%
2017-12-31	$₹52.90 B	81.91%
2016-12-31	$₹29.08 B	-10.12%
2015-12-31	$₹32.35 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onity Group OCN	₹36.50 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 : ₹56.42 Billion