Tessco Technologies Net Tangible Assets

Tessco Technologies's net tangible assets stands at $73M as of March 2023. That compares with $45M in the prior-year period — up 61.3% year over year. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.

Tessco Technologies reported $73M in net tangible assets versus $45M a year earlier — a 61.3% year-over-year increase. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.

That compares with $45M in the prior-year period — up 61.3% year over year. Sustained growth in net tangible assets can support a stronger franchise, while sharp declines may reflect divestitures, weaker demand, or accounting changes. Always read YoY moves with the footnotes of recent filings in mind.

The history chart shows how Tessco Technologies's net tangible assets evolved across reporting periods, while the comparison chart places TESS next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.

Yes — within Technology, net tangible assets is commonly used to spot outliers. Tessco Technologies's reading of $73M is a starting point; confirm whether differences come from growth, margins, accounting choices, or one-time items before treating an outlier as a buy or sell signal.