Gulf Energy Development Public Company (GULF.BK)

Net assets on the balance sheet as of June 2024 : S$5.26 Billion

According to Gulf Energy Development Public Company's latest financial reports the company has S$5.26 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	$S$5.52 B	4.61%
2022-12-31	$S$5.28 B	21.19%
2021-12-31	$S$4.36 B	36.84%
2020-12-31	$S$3.18 B	44.48%
2019-12-31	$S$2.20 B	17.26%
2018-12-31	$S$1.88 B	13.87%
2017-12-31	$S$1.65 B	979.38%
2016-12-31	$S$0.15 B	56.11%
2015-12-31	$S$98.04 M	-33.41%
2014-12-31	$S$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