Gulf Energy Development Public Company (GULF.BK)

Net assets on the balance sheet as of September 2024 : ₹390.78 Billion

According to Gulf Energy Development Public Company's latest financial reports the company has ₹390.78 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Gulf Energy Development Public Company - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹348.53 B	6.82%
2022-12-31	$₹326.26 B	35.88%
2021-12-31	$₹240.12 B	36.28%
2020-12-31	$₹176.19 B	51%
2019-12-31	$₹116.68 B	21.18%
2018-12-31	$₹96.28 B	22.09%
2017-12-31	$₹78.87 B	997.45%
2016-12-31	$₹7.18 B	56.02%
2015-12-31	$₹4.60 B	-34.78%
2014-12-31	$₹7.06 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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Gulf Energy Development Public Company (GULF.BK) - Net assets