Global Fashion Group (GFG.DE)

Net assets on the balance sheet as of December 2023 : NZ$0.54 Billion

According to Global Fashion Group's latest financial reports the company has NZ$0.54 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Global Fashion Group - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.51 B	-36.1%
2022-12-31	$NZ$0.80 B	-14.9%
2021-12-31	$NZ$0.95 B	-9.98%
2020-12-31	$NZ$1.05 B	-2.27%
2019-12-31	$NZ$1.08 B	4.91%
2018-12-31	$NZ$1.02 B	-23.17%
2017-12-31	$NZ$1.34 B	7.07%
2016-12-31	$NZ$1.25 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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Global Fashion Group (GFG.DE) - Net assets