Granite Point Mortgage Trust (GPMT)

Net assets on the balance sheet as of September 2024 : NZ$1.16 Billion

According to Granite Point Mortgage Trust's latest financial reports the company has NZ$1.16 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Granite Point Mortgage Trust - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$1.35 B	-12.33%
2022-12-31	$NZ$1.54 B	4.45%
2021-12-31	$NZ$1.48 B	14.61%
2020-12-31	$NZ$1.29 B	-14.47%
2019-12-31	$NZ$1.51 B	22.66%
2018-12-31	$NZ$1.23 B	5.74%
2017-12-31	$NZ$1.16 B	88.83%
2016-12-31	$NZ$0.61 B	-13.16%
2015-12-31	$NZ$0.71 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onity Group OCN	NZ$0.75 B	-35.31%	🇺🇸 USA

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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Granite Point Mortgage Trust (GPMT) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$1.16 Billion