ToughBuilt Industries (TBLT)

Net assets on the balance sheet as of December 2023 : -S$12.75 Million

According to ToughBuilt Industries 's latest financial reports the company has -S$12.75 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
2023-12-31	$-S$12.84 Million	-132.24%
2022-12-31	$S$39.82 M	-49.12%
2021-12-31	$S$78.27 M	205.82%
2020-12-31	$S$25.59 M	488.37%
2019-12-31	$S$4.34 M	-116.79%
2018-12-31	$-S$25.91 Million	98.63%
2017-12-31	$-S$13.04 Million	129.83%
2016-12-31	$-S$5.68 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ToughBuilt Industries TBLT	-S$12.75 Million	0.00%	🇺🇸 USA
Lifetime Brands LCUT	S$0.30 B	-2,465.21%	🇺🇸 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 : -S$12.75 Million