Glencore (GLCNF) - Net Assets

Net assets on the balance sheet as of December 2023 : NZ$66.49 Billion

According to Glencore's latest financial reports the company has NZ$66.49 Billion 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	31.78%
2021-12-31	$NZ$54.04 B	13.36%
2020-12-31	$NZ$47.67 B	-18.16%
2019-12-31	$NZ$58.25 B	-13.89%
2018-12-31	$NZ$67.65 B	-2.84%
2017-12-31	$NZ$69.63 B	10.17%
2016-12-31	$NZ$63.20 B	4.63%
2015-12-31	$NZ$60.40 B	-8.06%
2014-12-31	$NZ$65.70 B	2.49%
2013-12-31	$NZ$64.10 B	54.32%
2012-12-31	$NZ$41.54 B	0.27%
2011-12-31	$NZ$41.43 B	42.01%
2010-12-31	$NZ$29.17 B	18.09%
2009-12-31	$NZ$24.70 B	-12.1%
2008-12-31	$NZ$28.10 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