TESSCO Technologies (TESS) - Net assets

Net assets on the balance sheet as of March 2023 : HK$0.56 Billion

According to TESSCO Technologies's latest financial reports the company has HK$0.56 Billion 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	$HK$0.59 B	-0.42%
2021-03-31	$HK$0.59 B	-8.06%
2020-03-31	$HK$0.64 B	-24%
2019-03-31	$HK$0.85 B	1.19%
2018-03-31	$HK$0.84 B	0.55%
2017-03-31	$HK$0.83 B	-3.81%
2016-03-31	$HK$0.87 B	-0.55%
2015-03-31	$HK$0.87 B	-1.5%
2014-03-31	$HK$0.89 B	11.6%
2013-03-31	$HK$0.79 B	9.76%
2012-03-31	$HK$0.72 B	18.43%
2011-03-31	$HK$0.61 B	13.55%
2010-03-31	$HK$0.54 B	15.99%
2009-03-31	$HK$0.46 B	-0.41%
2008-03-31	$HK$0.46 B	4.83%
2007-03-31	$HK$0.44 B	-11.61%
2006-03-31	$HK$0.50 B	6.5%
2005-03-31	$HK$0.47 B	8.09%
2004-03-31	$HK$0.43 B	4.22%
2003-03-31	$HK$0.42 B	6.25%
2002-03-31	$HK$0.39 B	8.72%
2001-03-31	$HK$0.36 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Richardson Electronics RELL	HK$1.23 B	117.55%	🇺🇸 USA
Avnet AVT	HK$39.21 B	6,790.03%	🇺🇸 USA
Arrow Electronics ARW	HK$46.98 B	8,155.46%	🇺🇸 USA
TD Synnex SNX	HK$63.54 B	11,065.90%	🇺🇸 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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