TimkenSteel (TMST) - Net Assets

Net assets on the balance sheet as of December 2023 : S$0.99 Billion

According to TimkenSteel's latest financial reports the company has S$0.99 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	$S$0.96 B	4.99%
2022-12-31	$S$0.92 B	2.43%
2021-12-31	$S$0.89 B	33.82%
2020-12-31	$S$0.67 B	-11.56%
2019-12-31	$S$0.75 B	-9.33%
2018-12-31	$S$0.83 B	11.65%
2017-12-31	$S$0.74 B	-13.26%
2016-12-31	$S$0.86 B	-10.38%
2015-12-31	$S$0.96 B	-2.41%
2014-12-31	$S$0.98 B	-2.57%
2013-12-31	$S$1.01 B	18.56%
2012-12-31	$S$0.85 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Nucor NUE	S$29.22 B	2,846.49%	🇺🇸 USA
Steel Dynamics STLD	S$12.30 B	1,141.02%	🇺🇸 USA
U.S. Steel X	S$15.82 B	1,495.27%	🇺🇸 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 : S$0.99 Billion