TimkenSteel (TMST) - Net Assets

Net assets on the balance sheet as of December 2023 : NZ$1.29 Billion

According to TimkenSteel's latest financial reports the company has NZ$1.29 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

TimkenSteel - Net assets on balance sheet (from 2013 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$1.15 B	6.99%
2022-12-31	$NZ$1.08 B	11.13%
2021-12-31	$NZ$0.97 B	38.34%
2020-12-31	$NZ$0.70 B	-15.88%
2019-12-31	$NZ$0.83 B	-8.49%
2018-12-31	$NZ$0.91 B	15.74%
2017-12-31	$NZ$0.78 B	-8.46%
2016-12-31	$NZ$0.86 B	-13.45%
2015-12-31	$NZ$0.99 B	4.36%
2014-12-31	$NZ$0.95 B	-2.02%
2013-12-31	$NZ$0.97 B	14.56%
2012-12-31	$NZ$0.85 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Nucor NUE	NZ$39.96 B	2,982.01%	🇺🇸 USA
Steel Dynamics STLD	NZ$16.18 B	1,148.41%	🇺🇸 USA
U.S. Steel X	NZ$20.08 B	1,448.80%	🇺🇸 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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TimkenSteel (TMST) - Net assets

Net assets on the balance sheet as of December 2023 : NZ$1.29 Billion