ToughBuilt Industries (TBLT)

Net assets on the balance sheet as of September 2023 : S$10.77 M

According to ToughBuilt Industries 's latest financial reports the company has S$10.77 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

ToughBuilt Industries - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$39.82 M	-48.99%
2021-12-31	$S$78.07 M	205.28%
2020-12-31	$S$25.57 M	489.49%
2019-12-31	$S$4.33 M	-116.8%
2018-12-31	$-S$25.83 M	98.06%
2017-12-31	$-S$13.04 M	129.83%
2016-12-31	$-S$5.68 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ToughBuilt Industries TBLT	S$10.77 M	0.00%	🇺🇸 USA
Lifetime Brands LCUT	S$0.28 B	2,557.47%	🇺🇸 USA

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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ToughBuilt Industries (TBLT) - Net assets

Net assets on the balance sheet as of September 2023 : S$10.77 M