TechPrecision (TPCS) - Net assets

Net assets on the balance sheet as of March 2024 : £6.18 Million

According to TechPrecision's latest financial reports the company has £6.18 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

TechPrecision - Net assets on balance sheet (from 2006 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$£11.78 M	1.41%
2022-03-31	$£11.61 M	60.63%
2021-03-31	$£7.23 M	-5.51%
2020-03-31	$£7.65 M	2.81%
2019-03-31	$£7.44 M	30.23%
2018-03-31	$£5.71 M	-10.5%
2017-03-31	$£6.38 M	431.26%
2016-03-31	$£1.2 M	517.16%
2015-03-31	$£0.19 M	-90.82%
2014-03-31	$£2.12 M	-68.05%
2013-03-31	$£6.64 M	-12.72%
2012-03-31	$£7.6 M	-11.76%
2011-03-31	$£8.62 M	8.38%
2010-03-31	$£7.95 M	13.2%
2009-03-31	$£7.02 M	235.26%
2008-03-31	$£2.09 M	5227.85%
2007-03-31	$£0.03 M	-109.14%
2006-03-31	$-£0.44 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
RBC Bearings RBC	£2.28 B	36,851.69%	🇺🇸 USA
Mueller Water Products MWA	£0.62 B	10,044.96%	🇺🇸 USA
EnPro Industries NPO	£1.15 B	18,584.10%	🇺🇸 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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