Global Medical REIT (GMRE)

Net assets on the balance sheet as of June 2024 : NZ$0.93 B

According to Global Medical REIT 's latest financial reports the company has NZ$0.93 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Global Medical REIT - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.95 B	-6.29%
2022-12-31	$NZ$1.02 B	9.81%
2021-12-31	$NZ$0.93 B	46.27%
2020-12-31	$NZ$0.63 B	-6.73%
2019-12-31	$NZ$0.68 B	52.79%
2018-12-31	$NZ$0.44 B	22.47%
2017-12-31	$NZ$0.36 B	62.95%
2016-12-31	$NZ$0.22 B	-110485.91%
2015-12-31	$-NZ$0.21 M
2014-08-31	$NZ$2.65 M	-13022.75%
2013-08-31	$-NZ$0.03 M	-470.16%
2012-08-31	$NZ$0 M	-91.33%
2011-08-31	$NZ$0.06 M

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 Medical REIT (GMRE) - Net assets