TechPrecision (TPCS) - Net assets

Net assets on the balance sheet as of March 2024 : $7.8 M

According to TechPrecision's latest financial reports the company has $7.8 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	$$14.59 M	-4.39%
2022-03-31	$$15.26 M	53.53%
2021-03-31	$$9.94 M	4.99%
2020-03-31	$$9.46 M	-2.49%
2019-03-31	$$9.71 M	21.2%
2018-03-31	$$8.01 M	0.53%
2017-03-31	$$7.97 M	361.2%
2016-03-31	$$1.72 M	499.03%
2015-03-31	$$0.28 M	-91.83%
2014-03-31	$$3.53 M	-65.03%
2013-03-31	$$10.09 M	-17.03%
2012-03-31	$$12.17 M	-12.19%
2011-03-31	$$13.85 M	14.73%
2010-03-31	$$12.07 M	19.82%
2009-03-31	$$10.08 M	142.38%
2008-03-31	$$4.15 M	5286.36%
2007-03-31	$$0.07 M	-110.32%
2006-03-31	$-$0.75 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
RBC Bearings RBC	$2.80 B	35,834.12%	🇺🇸 USA
Mueller Water Products MWA	$0.79 B	10,044.96%	🇺🇸 USA
EnPro Industries NPO	$1.43 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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