Tubos Reunidos (TRG.MC)

Net assets on the balance sheet as of December 2023 : A$7.14 M

According to Tubos Reunidos's latest financial reports the company has A$7.14 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Tubos Reunidos - Net assets on balance sheet (from 2008 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$7.05 M	-108.97%
2022-12-31	$-A$78.7 M	-46.91%
2021-12-31	$-A$0.15 B	224.17%
2020-12-31	$-A$45.73 M	-141.72%
2019-12-31	$A$0.10 B	-35.79%
2018-12-31	$A$0.17 B	-22.93%
2017-12-31	$A$0.22 B	-16.58%
2016-12-31	$A$0.26 B	-27.56%
2015-12-31	$A$0.36 B	-5.49%
2014-12-31	$A$0.38 B	1.8%
2013-12-31	$A$0.38 B	22.86%
2012-12-31	$A$0.31 B	2.72%
2011-12-31	$A$0.30 B	8.8%
2010-12-31	$A$0.27 B	-23.61%
2009-12-31	$A$0.36 B	-23.58%
2008-12-31	$A$0.47 B	-20.17%
2007-12-31	$A$0.59 B	20.36%
2006-12-31	$A$0.49 B	24.94%
2005-12-31	$A$0.39 B	34.61%
2004-12-31	$A$0.29 B	8.76%
2003-12-31	$A$0.27 B

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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Tubos Reunidos (TRG.MC) - Net assets