ToughBuilt Industries (TBLT)

Net assets on the balance sheet as of December 2023 : -£7.89 Million

According to ToughBuilt Industries 's latest financial reports the company has -£7.89 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	$£24.55 M	-42.75%
2021-12-31	$£42.89 M	202.2%
2020-12-31	$£14.19 M	476.83%
2019-12-31	$£2.46 M	-116.47%
2018-12-31	$-£14.94 Million	107.05%
2017-12-31	$-£7.22 Million	127.06%
2016-12-31	$-£3.18 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ToughBuilt Industries TBLT	-£7.89 Million	0.00%	🇺🇸 USA
Lifetime Brands LCUT	£0.17 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 : -£7.89 Million