TELA Bio (TELA) - Net Assets

Net assets on the balance sheet as of June 2024 : A$4.3 M

According to TELA Bio's latest financial reports the company has A$4.3 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

TELA Bio - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$21.02 M	-23.95%
2021-12-31	$A$27.64 M	-56.56%
2020-12-31	$A$63.62 M	44.45%
2019-12-31	$A$44.04 M	-122.52%
2018-12-31	$-A$0.2 B	41.19%
2017-12-31	$-A$0.14 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Inari Medical NARI	A$0.63 B	14,666.86%	🇺🇸 USA
Merit Medical MMSI	A$1.92 B	44,584.67%	🇺🇸 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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TELA Bio (TELA) - Net assets

Net assets on the balance sheet as of June 2024 : A$4.3 M