Target Hospitality (TH)

Net assets on the balance sheet as of June 2024 : HK$3.09 Billion

According to Target Hospitality's latest financial reports the company has HK$3.09 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Target Hospitality - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$2.94 B	87.78%
2022-12-31	$HK$1.56 B	106.9%
2021-12-31	$HK$0.75 B	-1.06%
2020-12-31	$HK$0.76 B	-18.33%
2019-12-31	$HK$0.93 B	-65.65%
2018-12-31	$HK$2.73 B	2159914.79%
2017-12-31	$HK$0.12 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
McGrath RentCorp MGRC	HK$8.51 B	175.47%	🇺🇸 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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Target Hospitality (TH) - Net assets

Net assets on the balance sheet as of June 2024 : HK$3.09 Billion