TESSCO Technologies (TESS) - Net assets

Net assets on the balance sheet as of March 2023 : $73.11 Million USD

According to TESSCO Technologies's latest financial reports the company has $73.11 Million USD 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	$$75.92 M	-1.08%
2021-03-31	$$76.75 M	-8.31%
2020-03-31	$$83.7 M	-23.06%
2019-03-31	$$0.10 B	1.19%
2018-03-31	$$0.10 B	-0.47%
2017-03-31	$$0.10 B	-4.01%
2016-03-31	$$0.11 B	-0.54%
2015-03-31	$$0.11 B	-1.47%
2014-03-31	$$0.11 B	11.7%
2013-03-31	$$0.10 B	9.77%
2012-03-31	$$93.65 M	18.73%
2011-03-31	$$78.88 M	13.26%
2010-03-31	$$69.64 M	15.75%
2009-03-31	$$60.16 M	0.02%
2008-03-31	$$60.15 M	5.25%
2007-03-31	$$57.15 M	-12.22%
2006-03-31	$$65.1 M	7.04%
2005-03-31	$$60.82 M	7.97%
2004-03-31	$$56.33 M	4.35%
2003-03-31	$$53.98 M	6.26%
2002-03-31	$$50.8 M	8.7%
2001-03-31	$$46.73 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Richardson Electronics RELL	$0.15 B	117.55%	🇺🇸 USA
Avnet AVT	$5.03 B	6,790.03%	🇺🇸 USA
Arrow Electronics ARW	$6.03 B	8,155.46%	🇺🇸 USA
TD Synnex SNX	$8.16 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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