TimkenSteel (TMST) - Net Assets

Net assets on the balance sheet as of December 2023 : HK$5.71 Billion

According to TimkenSteel's latest financial reports the company has HK$5.71 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	$HK$5.71 B	6.53%
2022-12-31	$HK$5.36 B	3.5%
2021-12-31	$HK$5.18 B	31.72%
2020-12-31	$HK$3.93 B	-10.29%
2019-12-31	$HK$4.38 B	-8.63%
2018-12-31	$HK$4.79 B	9.56%
2017-12-31	$HK$4.38 B	-5.44%
2016-12-31	$HK$4.63 B	-12.36%
2015-12-31	$HK$5.28 B	-8.9%
2014-12-31	$HK$5.80 B	-6.56%
2013-12-31	$HK$6.20 B	14.48%
2012-12-31	$HK$5.42 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Nucor NUE	HK$171.44 B	2,897.68%	🇺🇸 USA
Steel Dynamics STLD	HK$70.12 B	1,126.12%	🇺🇸 USA
U.S. Steel X	HK$88.57 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 : HK$5.71 Billion