TC Bancshares (TCBC)

Net assets on the balance sheet as of March 2024 : NZ$0.12 B

According to TC Bancshares's latest financial reports the company has NZ$0.12 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

TC Bancshares - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.12 B	-6.25%
2022-12-31	$NZ$0.13 B	5.96%
2021-12-31	$NZ$0.12 B	128.73%
2020-12-31	$NZ$55.42 M	-6.04%
2019-12-31	$NZ$58.98 M

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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TC Bancshares (TCBC) - Net assets