Turning Point Brands (TPB)

Net assets on the balance sheet as of June 2024 : NZ$0.29 Billion

According to Turning Point Brands's latest financial reports the company has NZ$0.29 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Turning Point Brands - Net assets on balance sheet (from 2014 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.24 B	34.6%
2022-12-31	$NZ$0.17 B	-8.78%
2021-12-31	$NZ$0.19 B	20.23%
2020-12-31	$NZ$0.16 B	2.89%
2019-12-31	$NZ$0.15 B	28.48%
2018-12-31	$NZ$0.12 B	64.05%
2017-12-31	$NZ$75.08 M	52.71%
2016-12-31	$NZ$49.16 M	-141.23%
2015-12-31	$-NZ$0.12 Billion	2.03%
2014-12-31	$-NZ$0.12 Billion	51.4%
2013-12-31	$-NZ$77.2 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
RLX Technology RLX	NZ$3.67 B	1,138.03%	🇨🇳 China
Turning Point Brands TPB	NZ$0.29 B	0.00%	🇺🇸 USA
Vector Group VGR	-NZ$1.22 Billion	-510.10%	🇺🇸 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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Turning Point Brands (TPB) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$0.29 Billion