TI Fluid Systems (TIFS.L)

Net assets on the balance sheet as of June 2023 : NZ$1.14 B

According to TI Fluid Systems's latest financial reports the company has NZ$1.14 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

TI Fluid Systems - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$1.14 B	-27.09%
2021-12-31	$NZ$1.56 B	4.34%
2020-12-31	$NZ$1.50 B	-24.07%
2019-12-31	$NZ$1.97 B	7.35%
2018-12-31	$NZ$1.84 B	15.88%
2017-12-31	$NZ$1.59 B	116.31%
2016-12-31	$NZ$0.73 B	-0.15%
2015-12-31	$NZ$0.73 B	-618.82%
2014-12-31	$-NZ$0.15 B

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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TI Fluid Systems (TIFS.L) - Net assets