Ra Medical Systems (RMED)

Net assets on the balance sheet as of March 2023 : A$51.09 Million

According to Ra Medical Systems's latest financial reports the company has A$51.09 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ra Medical Systems - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$13.6 M	-27.85%
2021-12-31	$A$18.85 M	-31.42%
2020-12-31	$A$27.5 M	-41.92%
2019-12-31	$A$47.34 M	-50%
2018-12-31	$A$94.68 M	-1070.75%
2017-12-31	$-A$9.76 Million	1750.25%
2016-12-31	$-A$0.53 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PAVmed PAVM	A$36.73 M	-28.10%	🇺🇸 USA
Philips PHG	A$17.69 B	34,531.79%	🇳🇱 Netherlands

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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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Ra Medical Systems (RMED) - Net assets

Net assets on the balance sheet as of March 2023 : A$51.09 Million