GemLife Communities Group (GLF.AX)

Net assets on the balance sheet as of December 2024 : NZ$1.00 Billion

According to GemLife Communities Group's latest financial reports the company has NZ$1.00 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

GemLife Communities Group - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2024-12-31	$NZ$1.04 B
2023-12-31	$N/A
2022-12-31	$N/A

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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GemLife Communities Group (GLF.AX) - Net assets