TESSCO Technologies (TESS) - Net assets

Net assets on the balance sheet as of March 2023 : ₹6.57 Billion

According to TESSCO Technologies's latest financial reports the company has ₹6.57 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	$₹5.76 B	2.58%
2021-03-31	$₹5.61 B	-10.89%
2020-03-31	$₹6.30 B	-16.53%
2019-03-31	$₹7.55 B	7.91%
2018-03-31	$₹6.99 B	-0.1%
2017-03-31	$₹7.00 B	-6.02%
2016-03-31	$₹7.45 B	5.75%
2015-03-31	$₹7.04 B	2.34%
2014-03-31	$₹6.88 B	23.45%
2013-03-31	$₹5.58 B	17.18%
2012-03-31	$₹4.76 B	35.81%
2011-03-31	$₹3.50 B	12.88%
2010-03-31	$₹3.10 B	2.14%
2009-03-31	$₹3.04 B	26.15%
2008-03-31	$₹2.41 B	-2.31%
2007-03-31	$₹2.46 B	-15.47%
2006-03-31	$₹2.91 B	10.35%
2005-03-31	$₹2.64 B	8.26%
2004-03-31	$₹2.44 B	-4.83%
2003-03-31	$₹2.56 B	3.52%
2002-03-31	$₹2.48 B	13.77%
2001-03-31	$₹2.17 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Richardson Electronics RELL	₹14.33 B	117.97%	🇺🇸 USA
Avnet AVT	₹436.03 B	6,530.68%	🇺🇸 USA
Arrow Electronics ARW	₹582.41 B	8,756.61%	🇺🇸 USA
TD Synnex SNX	₹760.33 B	11,462.14%	🇺🇸 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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