TESSCO Technologies (TESS) - Net assets

Net assets on the balance sheet as of March 2023 : NZ$0.11 B

According to TESSCO Technologies's latest financial reports the company has NZ$0.11 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	$NZ$0.10 B	-0.15%
2021-03-31	$NZ$0.10 B	-22.3%
2020-03-31	$NZ$0.14 B	-11.73%
2019-03-31	$NZ$0.15 B	7.71%
2018-03-31	$NZ$0.14 B	-3.59%
2017-03-31	$NZ$0.15 B	-5.41%
2016-03-31	$NZ$0.16 B	8.17%
2015-03-31	$NZ$0.15 B	13.54%
2014-03-31	$NZ$0.13 B	7.96%
2013-03-31	$NZ$0.12 B	7.63%
2012-03-31	$NZ$0.11 B	10.42%
2011-03-31	$NZ$0.10 B	5.28%
2010-03-31	$NZ$98.13 M	-8.38%
2009-03-31	$NZ$0.10 B	43.16%
2008-03-31	$NZ$74.82 M	-6.32%
2007-03-31	$NZ$79.87 M	-25.75%
2006-03-31	$NZ$0.10 B	25.53%
2005-03-31	$NZ$85.69 M	-0.05%
2004-03-31	$NZ$85.73 M	-12.06%
2003-03-31	$NZ$97.5 M	-15.43%
2002-03-31	$NZ$0.11 B	-2.05%
2001-03-31	$NZ$0.11 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Richardson Electronics RELL	NZ$0.25 B	116.03%	🇺🇸 USA
Avnet AVT	NZ$7.96 B	6,636.54%	🇺🇸 USA
Arrow Electronics ARW	NZ$9.39 B	7,851.79%	🇺🇸 USA
TD Synnex SNX	NZ$12.86 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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