Tingo Group (TIO) - Net Assets

Net assets on the balance sheet as of September 2023 : A$0.90 B

According to Tingo Group's latest financial reports the company has A$0.90 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Tingo Group - Net assets on balance sheet (from 2004 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$1.13 B	459.12%
2021-12-31	$A$0.20 B	138.3%
2020-12-31	$A$85.25 M	1747.48%
2019-12-31	$A$4.61 M	223.92%
2018-12-31	$A$1.42 M	-81.38%
2017-12-31	$A$7.65 M	-49.66%
2016-12-31	$A$15.2 M	-36.56%
2015-12-31	$A$23.96 M	-2.95%
2014-12-31	$A$24.69 M	-13.96%
2013-12-31	$A$28.69 M	76.4%
2012-12-31	$A$16.26 M	361.84%
2011-12-31	$A$3.52 M	-11.83%
2010-12-31	$A$3.99 M	139.02%
2009-12-31	$A$1.67 M	-31.53%
2008-12-31	$A$2.44 M	35.09%
2007-12-31	$A$1.8 M	15.91%
2006-12-31	$A$1.55 M	-9.54%
2005-12-31	$A$1.72 M	-3.92%
2004-12-31	$A$1.79 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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Tingo Group (TIO) - Net assets