TI Fluid Systems (TIFS.L)

Net assets on the balance sheet as of June 2023 : $0.70 B

According to TI Fluid Systems's latest financial reports the company has $0.70 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

TI Fluid Systems - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$$0.72 B	-32.41%
2021-12-31	$$1.07 B	-0.65%
2020-12-31	$$1.08 B	-19.05%
2019-12-31	$$1.33 B	7.91%
2018-12-31	$$1.23 B	9.49%
2017-12-31	$$1.13 B	121.78%
2016-12-31	$$0.50 B	1.17%
2015-12-31	$$0.50 B	-552.14%
2014-12-31	$-$0.12 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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TI Fluid Systems (TIFS.L) - Net assets