Global-e (GLBE) - Net Assets

Net assets on the balance sheet as of September 2024 : S$1.15 Billion

According to Global-e's latest financial reports the company has S$1.15 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$S$1.24 B	32.28%
2021-12-31	$S$0.94 B	-1697.36%
2020-12-31	$-S$58.89 Million	-17.64%
2019-12-31	$-S$71.5 Million

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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Global-e (GLBE) - Net assets