ToughBuilt Industries (TBLT)

Net assets on the balance sheet as of December 2023 : -C$13.99 Million

According to ToughBuilt Industries 's latest financial reports the company has -C$13.99 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

ToughBuilt Industries - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$40.31 M	-45.37%
2021-12-31	$C$73.78 M	199.12%
2020-12-31	$C$24.66 M	485.37%
2019-12-31	$C$4.21 M	-116.32%
2018-12-31	$-C$25.83 Million	110.7%
2017-12-31	$-C$12.26 Million	132.67%
2016-12-31	$-C$5.27 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ToughBuilt Industries TBLT	-C$13.99 Million	0.00%	🇺🇸 USA
Lifetime Brands LCUT	C$0.31 B	-2,372.58%	🇺🇸 USA

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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ToughBuilt Industries (TBLT) - Net assets

Net assets on the balance sheet as of December 2023 : -C$13.99 Million