ToughBuilt Industries (TBLT)

Net assets on the balance sheet as of September 2023 : HK$64.47 M

According to ToughBuilt Industries 's latest financial reports the company has HK$64.47 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	$HK$0.23 B	-48.58%
2021-12-31	$HK$0.45 B	200.96%
2020-12-31	$HK$0.15 B	496.89%
2019-12-31	$HK$25.13 M	-116.93%
2018-12-31	$-HK$0.15 B	94.91%
2017-12-31	$-HK$76.18 M	150.57%
2016-12-31	$-HK$30.4 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ToughBuilt Industries TBLT	HK$64.47 M	0.00%	🇺🇸 USA
Lifetime Brands LCUT	HK$1.71 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 : HK$64.47 M