CBL International (BANL)

Net assets on the balance sheet as of December 2023 : NZ$43.99 Million

According to CBL International's latest financial reports the company has NZ$43.99 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

CBL International - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$39.99 M	109.65%
2022-12-31	$NZ$19.07 M	54.63%
2021-12-31	$NZ$12.33 M	83.24%
2020-12-31	$NZ$6.73 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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CBL International (BANL) - Net assets