TESSCO Technologies (TESS) - Net assets

Net assets on the balance sheet as of March 2023 : ₹6.13 B

According to TESSCO Technologies's latest financial reports the company has ₹6.13 B 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	2.65%
2021-03-31	$₹5.61 B	-11.09%
2020-03-31	$₹6.31 B	-16.4%
2019-03-31	$₹7.55 B	7.91%
2018-03-31	$₹7.00 B	-0.08%
2017-03-31	$₹7.00 B	-5.98%
2016-03-31	$₹7.45 B	5.38%
2015-03-31	$₹7.07 B	2.83%
2014-03-31	$₹6.87 B	23.23%
2013-03-31	$₹5.58 B	17.2%
2012-03-31	$₹4.76 B	35.26%
2011-03-31	$₹3.52 B	12.4%
2010-03-31	$₹3.13 B	1.79%
2009-03-31	$₹3.07 B	27.64%
2008-03-31	$₹2.41 B	-2.4%
2007-03-31	$₹2.46 B	-15.39%
2006-03-31	$₹2.91 B	9.73%
2005-03-31	$₹2.66 B	7.2%
2004-03-31	$₹2.48 B	-3.35%
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	₹13.25 B	116.03%	🇺🇸 USA
Avnet AVT	₹413.21 B	6,636.54%	🇺🇸 USA
Arrow Electronics ARW	₹487.76 B	7,851.79%	🇺🇸 USA
TD Synnex SNX	₹667.49 B	10,781.94%	🇺🇸 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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