Globe Trade Centre (GTC.WA)

Net assets on the balance sheet as of September 2024 : NZ$2.23 Billion

According to Globe Trade Centre's latest financial reports the company has NZ$2.23 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Globe Trade Centre - Net assets on balance sheet (from 2009 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$1.96 B
2021-12-31	$NZ$1.85 B	11.54%
2020-12-31	$NZ$1.66 B	-5.7%
2019-12-31	$NZ$1.76 B	1.15%
2018-12-31	$NZ$1.74 B	9.48%
2017-12-31	$NZ$1.59 B	32.51%
2016-12-31	$NZ$1.20 B	20.88%
2015-12-31	$NZ$0.99 B	50.28%
2014-12-31	$NZ$0.66 B	-31.64%
2013-12-31	$NZ$0.96 B	-19.25%
2012-12-31	$NZ$1.19 B	-0.6%
2011-12-31	$NZ$1.20 B	-33.67%
2010-12-31	$NZ$1.81 B	-8.95%
2009-12-31	$NZ$1.99 B	-28.4%
2008-12-31	$NZ$2.78 B	48.65%
2007-12-31	$NZ$1.87 B	36.71%
2006-12-31	$NZ$1.37 B	70.54%
2005-12-31	$NZ$0.80 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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Globe Trade Centre (GTC.WA) - Net assets