Tingo Group (TIO) - Net Assets

Net assets on the balance sheet as of September 2023 : £0.45 B

According to Tingo Group's latest financial reports the company has £0.45 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	$£0.63 B	485.38%
2021-12-31	$£0.10 B	126.82%
2020-12-31	$£48.12 M	1868.61%
2019-12-31	$£2.44 M	210.66%
2018-12-31	$£0.78 M	-82.2%
2017-12-31	$£4.42 M	-50.23%
2016-12-31	$£8.88 M	-24.53%
2015-12-31	$£11.76 M	-9.54%
2014-12-31	$£13 M	-16.08%
2013-12-31	$£15.49 M	48.59%
2012-12-31	$£10.43 M	348.87%
2011-12-31	$£2.32 M	-11.61%
2010-12-31	$£2.62 M	182.3%
2009-12-31	$£0.93 M	-20.35%
2008-12-31	$£1.16 M	47.86%
2007-12-31	$£0.79 M	26.04%
2006-12-31	$£0.62 M	-14.2%
2005-12-31	$£0.73 M	1.05%
2004-12-31	$£0.72 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