Tingo Group (TIO) - Net Assets

Net assets on the balance sheet as of September 2023 : A$0.96 Billion

According to Tingo Group's latest financial reports the company has A$0.96 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Tingo Group - Net assets on balance sheet (from 2004 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$1.13 B	457.48%
2021-12-31	$A$0.20 B	138.49%
2020-12-31	$A$85.43 M	1743.98%
2019-12-31	$A$4.63 M	225.11%
2018-12-31	$A$1.42 M	-81.38%
2017-12-31	$A$7.65 M	-49.66%
2016-12-31	$A$15.2 M	-36.56%
2015-12-31	$A$23.96 M	-3.15%
2014-12-31	$A$24.74 M	-13.78%
2013-12-31	$A$28.69 M	76.8%
2012-12-31	$A$16.23 M	360.77%
2011-12-31	$A$3.52 M	-11.54%
2010-12-31	$A$3.98 M	139.28%
2009-12-31	$A$1.66 M	-30.36%
2008-12-31	$A$2.38 M	32.32%
2007-12-31	$A$1.8 M	15.84%
2006-12-31	$A$1.55 M	-9.54%
2005-12-31	$A$1.72 M	-3.92%
2004-12-31	$A$1.79 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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Tingo Group (TIO) - Net assets