Glencore (GLCNF) - Net Assets

Net assets on the balance sheet as of December 2023 : NZ$61.80 B

According to Glencore's latest financial reports the company has NZ$61.80 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Glencore - Net assets on balance sheet (from 2011 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$71.22 B	32.12%
2021-12-31	$NZ$53.90 B	12.69%
2020-12-31	$NZ$47.83 B	-17.76%
2019-12-31	$NZ$58.16 B	-13.99%
2018-12-31	$NZ$67.62 B	-2.88%
2017-12-31	$NZ$69.63 B	10.17%
2016-12-31	$NZ$63.20 B	4.51%
2015-12-31	$NZ$60.47 B	-7.85%
2014-12-31	$NZ$65.62 B	2.31%
2013-12-31	$NZ$64.14 B	53.89%
2012-12-31	$NZ$41.68 B	0.61%
2011-12-31	$NZ$41.43 B	41.45%
2010-12-31	$NZ$29.29 B	17.69%
2009-12-31	$NZ$24.88 B	-11.98%
2008-12-31	$NZ$28.27 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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Glencore (GLCNF) - Net assets