TESSCO Technologies (TESS) - Net assets

Net assets on the balance sheet as of March 2023 : A$0.11 Billion

According to TESSCO Technologies's latest financial reports the company has A$0.11 Billion 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	0.32%
2021-03-31	$A$0.10 B	-25.66%
2020-03-31	$A$0.13 B	-11.62%
2019-03-31	$A$0.15 B	9.7%
2018-03-31	$A$0.13 B	-0.82%
2017-03-31	$A$0.14 B	-3.94%
2016-03-31	$A$0.14 B	-0.58%
2015-03-31	$A$0.14 B	19.14%
2014-03-31	$A$0.12 B	25.63%
2013-03-31	$A$98.7 M	9.41%
2012-03-31	$A$90.21 M	18.03%
2011-03-31	$A$76.44 M	0.49%
2010-03-31	$A$76.06 M	-12.54%
2009-03-31	$A$86.97 M	32.13%
2008-03-31	$A$65.82 M	-6.94%
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$0.25 B	117.55%	🇺🇸 USA
Avnet AVT	A$8.06 B	6,790.03%	🇺🇸 USA
Arrow Electronics ARW	A$9.66 B	8,155.46%	🇺🇸 USA
TD Synnex SNX	A$13.06 B	11,065.90%	🇺🇸 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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