CBL International (BANL)

Net assets on the balance sheet as of December 2023 : A$40.1 Million

According to CBL International's latest financial reports the company has A$40.1 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

CBL International - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$37.12 M	108.58%
2022-12-31	$A$17.79 M	53.12%
2021-12-31	$A$11.62 M	83.98%
2020-12-31	$A$6.31 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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CBL International (BANL) - Net assets