ToughBuilt Industries (TBLT)

Net assets on the balance sheet as of September 2023 : £6.3 M

According to ToughBuilt Industries 's latest financial reports the company has £6.3 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	$£24.55 M	-42.6%
2021-12-31	$£42.77 M	201.87%
2020-12-31	$£14.17 M	482.86%
2019-12-31	$£2.43 M	-116.36%
2018-12-31	$-£14.86 M	105.98%
2017-12-31	$-£7.22 M	127.06%
2016-12-31	$-£3.18 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ToughBuilt Industries TBLT	£6.3 M	0.00%	🇺🇸 USA
Lifetime Brands LCUT	£0.16 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 : £6.3 M