ToughBuilt Industries (TBLT)

Net assets on the balance sheet as of December 2023 : -₹0.84 Billion

According to ToughBuilt Industries 's latest financial reports the company has -₹0.84 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

ToughBuilt Industries - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹2.45 B	-42.95%
2021-12-31	$₹4.30 B	204.58%
2020-12-31	$₹1.41 B	514.93%
2019-12-31	$₹0.23 B	-117.36%
2018-12-31	$-₹1.33 Billion	112.96%
2017-12-31	$-₹0.63 Billion	133.68%
2016-12-31	$-₹0.27 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ToughBuilt Industries TBLT	-₹0.84 Billion	0.00%	🇺🇸 USA
Lifetime Brands LCUT	₹19.07 B	-2,372.58%	🇺🇸 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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ToughBuilt Industries (TBLT) - Net assets

Net assets on the balance sheet as of December 2023 : -₹0.84 Billion