ToughBuilt Industries (TBLT)

Net assets on the balance sheet as of December 2023 : -$9.73 Million USD

According to ToughBuilt Industries 's latest financial reports the company has -$9.73 Million USD 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	$$29.7 M	-48.69%
2021-12-31	$$57.89 M	199.27%
2020-12-31	$$19.34 M	499.6%
2019-12-31	$$3.22 M	-117.02%
2018-12-31	$-$18.96 Million	94.47%
2017-12-31	$-$9.75 Million	148.7%
2016-12-31	$-$3.93 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ToughBuilt Industries TBLT	-$9.73 Million	0.00%	🇺🇸 USA
Lifetime Brands LCUT	$0.22 B	-2,372.58%	🇺🇸 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 : -$9.73 Million USD