Tubos Reunidos (TRG.MC)

Net assets on the balance sheet as of December 2023 : NZ$7.9 M

According to Tubos Reunidos's latest financial reports the company has NZ$7.9 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Tubos Reunidos - Net assets on balance sheet (from 2008 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$7.6 M	-109.01%
2022-12-31	$-NZ$84.35 M	-46.39%
2021-12-31	$-NZ$0.16 B	222.87%
2020-12-31	$-NZ$48.73 M	-142.76%
2019-12-31	$NZ$0.11 B	-36.44%
2018-12-31	$NZ$0.17 B	-26.36%
2017-12-31	$NZ$0.24 B	-11.87%
2016-12-31	$NZ$0.27 B	-29.17%
2015-12-31	$NZ$0.39 B	-3.69%
2014-12-31	$NZ$0.40 B	-2.04%
2013-12-31	$NZ$0.41 B	5.57%
2012-12-31	$NZ$0.39 B	-1.23%
2011-12-31	$NZ$0.39 B	8.56%
2010-12-31	$NZ$0.36 B	-18.68%
2009-12-31	$NZ$0.44 B	-22.25%
2008-12-31	$NZ$0.57 B	-14.97%
2007-12-31	$NZ$0.67 B	22.78%
2006-12-31	$NZ$0.55 B	30.59%
2005-12-31	$NZ$0.42 B	32.88%
2004-12-31	$NZ$0.31 B	3.15%
2003-12-31	$NZ$0.30 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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Tubos Reunidos (TRG.MC) - Net assets