Tubos Reunidos (TRG.MC)

Net assets on the balance sheet as of December 2023 : $4.8 M

According to Tubos Reunidos's latest financial reports the company has $4.8 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	$$4.8 M	-108.98%
2022-12-31	$-$53.56 M	-50.16%
2021-12-31	$-$0.11 B	205.64%
2020-12-31	$-$35.16 M	-145.82%
2019-12-31	$$76.73 M	-36.19%
2018-12-31	$$0.12 B	-30.45%
2017-12-31	$$0.17 B	-9.65%
2016-12-31	$$0.19 B	-28.32%
2015-12-31	$$0.26 B	-15.87%
2014-12-31	$$0.31 B	-6.6%
2013-12-31	$$0.33 B	5.45%
2012-12-31	$$0.32 B	4.11%
2011-12-31	$$0.30 B	9.82%
2010-12-31	$$0.28 B	-13.63%
2009-12-31	$$0.32 B	-2.69%
2008-12-31	$$0.33 B	-35.58%
2007-12-31	$$0.52 B	33.49%
2006-12-31	$$0.38 B	34.6%
2005-12-31	$$0.28 B	27.28%
2004-12-31	$$0.22 B	13.23%
2003-12-31	$$0.20 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