TC Bancshares (TCBC)

Net assets on the balance sheet as of March 2024 : A$0.11 Billion

According to TC Bancshares's latest financial reports the company has A$0.11 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

TC Bancshares - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.11 B	-6.73%
2022-12-31	$A$0.12 B	4.65%
2021-12-31	$A$0.11 B	131.01%
2020-12-31	$A$51.83 M	-8.79%
2019-12-31	$A$56.82 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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TC Bancshares (TCBC) - Net assets