TimkenSteel (TMST) - Net Assets

Net assets on the balance sheet as of December 2023 : A$1.16 Billion

According to TimkenSteel's latest financial reports the company has A$1.16 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

TimkenSteel - Net assets on balance sheet (from 2013 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$1.07 B	6.44%
2022-12-31	$A$1.00 B	10.05%
2021-12-31	$A$0.91 B	38.89%
2020-12-31	$A$0.66 B	-17.94%
2019-12-31	$A$0.80 B	-7.56%
2018-12-31	$A$0.87 B	21.14%
2017-12-31	$A$0.71 B	-13.34%
2016-12-31	$A$0.82 B	-11.47%
2015-12-31	$A$0.93 B	2.42%
2014-12-31	$A$0.91 B	1.82%
2013-12-31	$A$0.89 B	33.32%
2012-12-31	$A$0.67 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Nucor NUE	A$34.36 B	2,846.49%	🇺🇸 USA
Steel Dynamics STLD	A$14.47 B	1,141.02%	🇺🇸 USA
U.S. Steel X	A$18.60 B	1,495.27%	🇺🇸 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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TimkenSteel (TMST) - Net assets

Net assets on the balance sheet as of December 2023 : A$1.16 Billion