TechPrecision (TPCS) - Net assets

Net assets on the balance sheet as of March 2024 : £5.94 M

According to TechPrecision's latest financial reports the company has £5.94 M 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	$£11.81 M	1.74%
2022-03-31	$£11.61 M	61.27%
2021-03-31	$£7.2 M	-5.69%
2020-03-31	$£7.63 M	2.59%
2019-03-31	$£7.44 M	30.23%
2018-03-31	$£5.71 M	-10.04%
2017-03-31	$£6.35 M	429.09%
2016-03-31	$£1.2 M	516.5%
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	-11.86%
2011-03-31	$£8.63 M	7.76%
2010-03-31	$£8.01 M	13.22%
2009-03-31	$£7.07 M	241.71%
2008-03-31	$£2.07 M	5162.62%
2007-03-31	$£0.03 M	-109.09%
2006-03-31	$-£0.44 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
RBC Bearings RBC	£2.13 B	35,834.12%	🇺🇸 USA
Mueller Water Products MWA	£0.60 B	10,044.96%	🇺🇸 USA
EnPro Industries NPO	£1.08 B	18,231.67%	🇺🇸 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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