Gulf Energy Development Public Company (GULF.BK)

Net assets on the balance sheet as of September 2024 : NZ$8.11 Billion

According to Gulf Energy Development Public Company's latest financial reports the company has NZ$8.11 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Gulf Energy Development Public Company - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$6.62 B	6.6%
2022-12-31	$NZ$6.21 B	31.48%
2021-12-31	$NZ$4.72 B	41.46%
2020-12-31	$NZ$3.33 B	37.43%
2019-12-31	$NZ$2.42 B	18.35%
2018-12-31	$NZ$2.05 B	18.04%
2017-12-31	$NZ$1.73 B	1039.19%
2016-12-31	$NZ$0.15 B	50.76%
2015-12-31	$NZ$0.10 B	-28.79%
2014-12-31	$NZ$0.14 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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Gulf Energy Development Public Company (GULF.BK) - Net assets