TimkenSteel (TMST) - Net Assets

Net assets on the balance sheet as of December 2023 : £0.53 Billion

According to TimkenSteel's latest financial reports the company has £0.53 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	$£0.57 B	1.2%
2022-12-31	$£0.56 B	15.25%
2021-12-31	$£0.49 B	32.24%
2020-12-31	$£0.37 B	-13.3%
2019-12-31	$£0.42 B	-11.06%
2018-12-31	$£0.48 B	16.38%
2017-12-31	$£0.41 B	-14.31%
2016-12-31	$£0.48 B	5.2%
2015-12-31	$£0.46 B	-4.22%
2014-12-31	$£0.48 B	-1.02%
2013-12-31	$£0.48 B	12.13%
2012-12-31	$£0.43 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Nucor NUE	£16.10 B	2,897.68%	🇺🇸 USA
Steel Dynamics STLD	£6.58 B	1,126.12%	🇺🇸 USA
U.S. Steel X	£8.32 B	1,448.80%	🇺🇸 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 : £0.53 Billion