TechPrecision (TPCS) - Net assets

Net assets on the balance sheet as of March 2024 : NZ$12.61 M

According to TechPrecision's latest financial reports the company has NZ$12.61 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

TechPrecision - Net assets on balance sheet (from 2006 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$23.3 M	5.82%
2022-03-31	$NZ$22.02 M	54.98%
2021-03-31	$NZ$14.2 M	-11.03%
2020-03-31	$NZ$15.97 M	11.87%
2019-03-31	$NZ$14.27 M	29.01%
2018-03-31	$NZ$11.06 M	-2.62%
2017-03-31	$NZ$11.36 M	354.45%
2016-03-31	$NZ$2.5 M	551.51%
2015-03-31	$NZ$0.38 M	-90.59%
2014-03-31	$NZ$4.07 M	-66.19%
2013-03-31	$NZ$12.06 M	-18.65%
2012-03-31	$NZ$14.82 M	-18.33%
2011-03-31	$NZ$18.15 M	6.65%
2010-03-31	$NZ$17.02 M	-5.16%
2009-03-31	$NZ$17.94 M	246.91%
2008-03-31	$NZ$5.17 M	4694.09%
2007-03-31	$NZ$0.1 M	-108.73%
2006-03-31	$-NZ$1.24 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
RBC Bearings RBC	NZ$4.53 B	35,834.12%	🇺🇸 USA
Mueller Water Products MWA	NZ$1.27 B	10,044.96%	🇺🇸 USA
EnPro Industries NPO	NZ$2.31 B	18,231.67%	🇺🇸 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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