Titan Cement International (TITC.BR)

Net assets on the balance sheet as of December 2023 : NZ$2.99 Billion

According to Titan Cement International's latest financial reports the company has NZ$2.99 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Titan Cement International - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$2.40 B	8.56%
2021-12-31	$NZ$2.21 B	1.96%
2020-12-31	$NZ$2.17 B	-7.8%
2019-12-31	$NZ$2.35 B	-6.03%
2018-12-31	$NZ$2.50 B
2017-12-31	$N/A
2016-12-31	$N/A

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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Titan Cement International (TITC.BR) - Net assets