TimkenSteel (TMST) - Net Assets

Net assets on the balance sheet as of December 2023 : C$1.04 Billion

According to TimkenSteel's latest financial reports the company has C$1.04 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	$C$0.97 B	4.17%
2022-12-31	$C$0.93 B	9.98%
2021-12-31	$C$0.84 B	30.89%
2020-12-31	$C$0.64 B	-12.01%
2019-12-31	$C$0.73 B	-11.91%
2018-12-31	$C$0.83 B	18.43%
2017-12-31	$C$0.70 B	-12.19%
2016-12-31	$C$0.80 B	-15.14%
2015-12-31	$C$0.94 B	8.97%
2014-12-31	$C$0.86 B	1.84%
2013-12-31	$C$0.85 B	22.5%
2012-12-31	$C$0.69 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Nucor NUE	C$30.90 B	2,846.49%	🇺🇸 USA
Steel Dynamics STLD	C$13.01 B	1,141.02%	🇺🇸 USA
U.S. Steel X	C$16.73 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 : C$1.04 Billion