ToughBuilt Industries (TBLT)

Net assets on the balance sheet as of September 2023 : €7.46 M

According to ToughBuilt Industries 's latest financial reports the company has €7.46 M 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	$€27.69 M	-45.58%
2021-12-31	$€50.88 M	221.55%
2020-12-31	$€15.82 M	450.76%
2019-12-31	$€2.87 M	-117.36%
2018-12-31	$-€16.56 M	103.69%
2017-12-31	$-€8.13 M	118.02%
2016-12-31	$-€3.73 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ToughBuilt Industries TBLT	€7.46 M	0.00%	🇺🇸 USA
Lifetime Brands LCUT	€0.19 B	2,557.47%	🇺🇸 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 September 2023 : €7.46 M