TESSCO Technologies (TESS) - Net assets

Net assets on the balance sheet as of March 2023 : £55.71 M

According to TESSCO Technologies's latest financial reports the company has £55.71 M 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	$£57.78 M	3.91%
2021-03-31	$£55.6 M	-17.63%
2020-03-31	$£67.51 M	-19.05%
2019-03-31	$£83.4 M	8.73%
2018-03-31	$£76.7 M	-10.94%
2017-03-31	$£86.12 M	10.12%
2016-03-31	$£78.2 M	2.36%
2015-03-31	$£76.4 M	10.74%
2014-03-31	$£68.99 M	2.04%
2013-03-31	$£67.61 M	15.48%
2012-03-31	$£58.54 M	19.17%
2011-03-31	$£49.12 M	6.37%
2010-03-31	$£46.18 M	9.38%
2009-03-31	$£42.22 M	41.02%
2008-03-31	$£29.94 M	2.83%
2007-03-31	$£29.11 M	-22.7%
2006-03-31	$£37.67 M	16.63%
2005-03-31	$£32.29 M	4.74%
2004-03-31	$£30.83 M	-9.96%
2003-03-31	$£34.24 M	-3.94%
2002-03-31	$£35.65 M	7.94%
2001-03-31	$£33.03 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Richardson Electronics RELL	£0.12 B	116.03%	🇺🇸 USA
Avnet AVT	£3.75 B	6,636.54%	🇺🇸 USA
Arrow Electronics ARW	£4.43 B	7,851.79%	🇺🇸 USA
TD Synnex SNX	£6.06 B	10,781.94%	🇺🇸 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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