CBL International (BANL)

Net assets on the balance sheet as of December 2023 : C$36.5 Million

According to CBL International's latest financial reports the company has C$36.5 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

CBL International - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$33.54 M	104.11%
2022-12-31	$C$16.43 M	53.03%
2021-12-31	$C$10.73 M	73.38%
2020-12-31	$C$6.19 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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CBL International (BANL) - Net assets