Ra Medical Systems (RMED)

Net assets on the balance sheet as of March 2023 : C$51.05 Million

According to Ra Medical Systems's latest financial reports the company has C$51.05 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	$C$12.56 M	-27.89%
2021-12-31	$C$17.42 M	-35.38%
2020-12-31	$C$26.96 M	-37.72%
2019-12-31	$C$43.29 M	-52.35%
2018-12-31	$C$90.86 M	-1049.09%
2017-12-31	$-C$9.58 Million	1774.81%
2016-12-31	$-C$0.52 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PAVmed PAVM	C$36.7 M	-28.10%	🇺🇸 USA
Philips PHG	C$18.81 B	36,749.68%	🇳🇱 Netherlands

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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Ra Medical Systems (RMED) - Net assets

Net assets on the balance sheet as of March 2023 : C$51.05 Million