GlobalFoundries (GFS)

Net assets on the balance sheet as of June 2024 : NZ$20.23 Billion

According to GlobalFoundries's latest financial reports the company has NZ$20.23 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

GlobalFoundries - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$15.68 B	33.39%
2021-12-31	$NZ$11.76 B	17.18%
2020-12-31	$NZ$10.03 B	-25.06%
2019-12-31	$NZ$13.39 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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GlobalFoundries (GFS) - Net assets