TESSCO Technologies (TESS) - Net assets

Net assets on the balance sheet as of March 2023 : ₹6.20 Billion

According to TESSCO Technologies's latest financial reports the company has ₹6.20 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	$₹5.75 B	2.13%
2021-03-31	$₹5.63 B	-10.68%
2020-03-31	$₹6.31 B	-16.45%
2019-03-31	$₹7.55 B	7.91%
2018-03-31	$₹7.00 B	0.03%
2017-03-31	$₹6.99 B	-6.29%
2016-03-31	$₹7.46 B	5.6%
2015-03-31	$₹7.07 B	2.93%
2014-03-31	$₹6.87 B	23.12%
2013-03-31	$₹5.58 B	17.2%
2012-03-31	$₹4.76 B	35.32%
2011-03-31	$₹3.51 B	12.78%
2010-03-31	$₹3.12 B	2.12%
2009-03-31	$₹3.05 B	27.34%
2008-03-31	$₹2.39 B	-2.76%
2007-03-31	$₹2.46 B	-14.89%
2006-03-31	$₹2.89 B	9.3%
2005-03-31	$₹2.65 B	8.66%
2004-03-31	$₹2.44 B	-4.92%
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	₹13.50 B	117.55%	🇺🇸 USA
Avnet AVT	₹427.83 B	6,790.03%	🇺🇸 USA
Arrow Electronics ARW	₹512.62 B	8,155.46%	🇺🇸 USA
TD Synnex SNX	₹693.35 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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