Tingo Group (TIO) - Net Assets

Net assets on the balance sheet as of September 2023 : NZ$0.97 B

According to Tingo Group's latest financial reports the company has NZ$0.97 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	$NZ$1.21 B	464.44%
2021-12-31	$NZ$0.21 B	136.14%
2020-12-31	$NZ$91.34 M	1799.48%
2019-12-31	$NZ$4.8 M	221.44%
2018-12-31	$NZ$1.49 M	-82.21%
2017-12-31	$NZ$8.41 M	-46.83%
2016-12-31	$NZ$15.81 M	-38.04%
2015-12-31	$NZ$25.53 M	-1.08%
2014-12-31	$NZ$25.81 M	-17.18%
2013-12-31	$NZ$31.16 M	51.49%
2012-12-31	$NZ$20.57 M	344.57%
2011-12-31	$NZ$4.62 M	-12.08%
2010-12-31	$NZ$5.26 M	153.88%
2009-12-31	$NZ$2.07 M	-29.05%
2008-12-31	$NZ$2.92 M	43.02%
2007-12-31	$NZ$2.04 M	17.14%
2006-12-31	$NZ$1.74 M	-5.44%
2005-12-31	$NZ$1.84 M	-5.16%
2004-12-31	$NZ$1.94 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