TechPrecision (TPCS) - Net assets

Net assets on the balance sheet as of March 2024 : NZ$13.3 Million

According to TechPrecision's latest financial reports the company has NZ$13.3 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	$NZ$23.27 M	6.3%
2022-03-31	$NZ$21.89 M	54.01%
2021-03-31	$NZ$14.21 M	-9.77%
2020-03-31	$NZ$15.75 M	10.36%
2019-03-31	$NZ$14.27 M	29.01%
2018-03-31	$NZ$11.06 M	-2.75%
2017-03-31	$NZ$11.38 M	354.59%
2016-03-31	$NZ$2.5 M	550.93%
2015-03-31	$NZ$0.38 M	-90.56%
2014-03-31	$NZ$4.07 M	-66.23%
2013-03-31	$NZ$12.06 M	-18.65%
2012-03-31	$NZ$14.82 M	-18.48%
2011-03-31	$NZ$18.18 M	6.44%
2010-03-31	$NZ$17.08 M	-5.06%
2009-03-31	$NZ$17.99 M	239.62%
2008-03-31	$NZ$5.29 M	4810.27%
2007-03-31	$NZ$0.1 M	-108.86%
2006-03-31	$-NZ$1.22 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
RBC Bearings RBC	NZ$4.91 B	36,851.69%	🇺🇸 USA
Mueller Water Products MWA	NZ$1.34 B	10,044.96%	🇺🇸 USA
EnPro Industries NPO	NZ$2.48 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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