Global Fashion Group (GFG.DE)

Net assets on the balance sheet as of December 2023 : S$0.44 Billion

According to Global Fashion Group's latest financial reports the company has S$0.44 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Global Fashion Group - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$0.43 B	-37.3%
2022-12-31	$S$0.68 B	-21.56%
2021-12-31	$S$0.87 B	-12.91%
2020-12-31	$S$1.00 B	2.75%
2019-12-31	$S$0.98 B	3.95%
2018-12-31	$S$0.94 B	-25.89%
2017-12-31	$S$1.27 B	1.45%
2016-12-31	$S$1.25 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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Global Fashion Group (GFG.DE) - Net assets