TESSCO Technologies (TESS) - Net assets

Net assets on the balance sheet as of March 2023 : A$0.10 B

According to TESSCO Technologies's latest financial reports the company has A$0.10 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

TESSCO Technologies - Net assets on balance sheet (from 2001 to 2023)

Net assets by year

Year	Net assets	Change
2022-03-31	$A$0.10 B	0.54%
2021-03-31	$A$0.10 B	-26.54%
2020-03-31	$A$0.13 B	-10.65%
2019-03-31	$A$0.15 B	9.7%
2018-03-31	$A$0.13 B	-0.94%
2017-03-31	$A$0.14 B	-3.79%
2016-03-31	$A$0.14 B	-0.77%
2015-03-31	$A$0.14 B	19.16%
2014-03-31	$A$0.12 B	25.81%
2013-03-31	$A$98.7 M	9.41%
2012-03-31	$A$90.21 M	18.18%
2011-03-31	$A$76.34 M	0.71%
2010-03-31	$A$75.8 M	-14.25%
2009-03-31	$A$88.4 M	35.36%
2008-03-31	$A$65.3 M	-7.67%
2007-03-31	$A$70.73 M	-23.31%
2006-03-31	$A$92.24 M	17.19%
2005-03-31	$A$78.7 M	5.27%
2004-03-31	$A$74.76 M	-16.45%
2003-03-31	$A$89.49 M	-6.02%
2002-03-31	$A$95.22 M	-1.53%
2001-03-31	$A$96.7 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Richardson Electronics RELL	A$0.23 B	116.03%	🇺🇸 USA
Avnet AVT	A$7.38 B	6,636.54%	🇺🇸 USA
Arrow Electronics ARW	A$8.72 B	7,851.79%	🇺🇸 USA
TD Synnex SNX	A$11.93 B	10,781.94%	🇺🇸 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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