Global Medical REIT (GMRE)

Net assets on the balance sheet as of June 2024 : S$0.75 B

According to Global Medical REIT 's latest financial reports the company has S$0.75 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Global Medical REIT - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$0.80 B	-8.05%
2022-12-31	$S$0.87 B	1.2%
2021-12-31	$S$0.85 B	42.08%
2020-12-31	$S$0.60 B	-2.24%
2019-12-31	$S$0.61 B	51.6%
2018-12-31	$S$0.40 B	17.87%
2017-12-31	$S$0.34 B	54.4%
2016-12-31	$S$0.22 B	-114435.22%
2015-12-31	$-S$0.2 M
2014-08-31	$S$2.77 M	-13780.03%
2013-08-31	$-S$0.03 M	-464.77%
2012-08-31	$S$0 M	-91.55%
2011-08-31	$S$0.06 M

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 Medical REIT (GMRE) - Net assets