Turning Point Brands (TPB)

Net assets on the balance sheet as of June 2024 : A$0.26 B

According to Turning Point Brands's latest financial reports the company has A$0.26 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Turning Point Brands - Net assets on balance sheet (from 2014 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.22 B	33.91%
2022-12-31	$A$0.16 B	-9.4%
2021-12-31	$A$0.18 B	20.62%
2020-12-31	$A$0.15 B	0.56%
2019-12-31	$A$0.15 B	29.32%
2018-12-31	$A$0.11 B	71.65%
2017-12-31	$A$68.3 M	44.56%
2016-12-31	$A$47.24 M	-142.17%
2015-12-31	$-A$0.12 B	0.33%
2014-12-31	$-A$0.12 B	57.02%
2013-12-31	$-A$71.12 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
RLX Technology RLX	A$3.22 B	1,138.03%	🇨🇳 China
Turning Point Brands TPB	A$0.26 B	0.00%	🇺🇸 USA
Vector Group VGR	-A$1.07 B	-510.10%	🇺🇸 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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Turning Point Brands (TPB) - Net assets

Net assets on the balance sheet as of June 2024 : A$0.26 B