TESSCO Technologies (TESS) - Net assets

Net assets on the balance sheet as of March 2023 : NZ$0.12 Billion

According to TESSCO Technologies's latest financial reports the company has NZ$0.12 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	$NZ$0.10 B	-0.77%
2021-03-31	$NZ$0.10 B	-21.19%
2020-03-31	$NZ$0.13 B	-12.92%
2019-03-31	$NZ$0.15 B	7.71%
2018-03-31	$NZ$0.14 B	-3.72%
2017-03-31	$NZ$0.15 B	-5.38%
2016-03-31	$NZ$0.16 B	8.07%
2015-03-31	$NZ$0.15 B	13.87%
2014-03-31	$NZ$0.13 B	7.87%
2013-03-31	$NZ$0.12 B	7.63%
2012-03-31	$NZ$0.11 B	10.22%
2011-03-31	$NZ$0.10 B	5.08%
2010-03-31	$NZ$98.5 M	-8.28%
2009-03-31	$NZ$0.10 B	40.15%
2008-03-31	$NZ$76.63 M	-4.05%
2007-03-31	$NZ$79.87 M	-24.69%
2006-03-31	$NZ$0.10 B	24.24%
2005-03-31	$NZ$85.36 M	1.03%
2004-03-31	$NZ$84.49 M	-13.34%
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$0.27 B	117.55%	🇺🇸 USA
Avnet AVT	NZ$8.62 B	6,790.03%	🇺🇸 USA
Arrow Electronics ARW	NZ$10.33 B	8,155.46%	🇺🇸 USA
TD Synnex SNX	NZ$13.97 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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