GXO Logistics (GXO) - Net Assets

Net assets on the balance sheet as of September 2024 : NZ$5.56 Billion

According to GXO Logistics's latest financial reports the company has NZ$5.56 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$4.65 B	10.44%
2022-12-31	$NZ$4.21 B	20.55%
2021-12-31	$NZ$3.49 B	-14.36%
2020-12-31	$NZ$4.08 B	2.03%
2019-12-31	$NZ$4.00 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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GXO Logistics (GXO) - Net assets