TPI Composites (TPIC)

Net assets on the balance sheet as of June 2024 : -NZ$0.45 B

According to TPI Composites's latest financial reports the company has -NZ$0.45 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

TPI Composites - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-NZ$0.2 B	-134.07%
2022-12-31	$NZ$0.56 B	4.23%
2021-12-31	$NZ$0.54 B	94.81%
2020-12-31	$NZ$0.27 B	-8.04%
2019-12-31	$NZ$0.30 B	-7.68%
2018-12-31	$NZ$0.32 B	6.02%
2017-12-31	$NZ$0.31 B	101.97%
2016-12-31	$NZ$0.15 B	-154.98%
2015-12-31	$-NZ$0.28 B	17.27%
2014-12-31	$-NZ$0.24 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Siemens SIE.DE	NZ$94.89 B	-21,506.52%	🇩🇪 Germany

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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TPI Composites (TPIC) - Net assets

Net assets on the balance sheet as of June 2024 : -NZ$0.45 B