Ra Medical Systems (RMED)

Net assets on the balance sheet as of March 2023 : £26.8 Million

According to Ra Medical Systems's latest financial reports the company has £26.8 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	$£7.65 M	-24.44%
2021-12-31	$£10.12 M	-34.71%
2020-12-31	$£15.51 M	-38.63%
2019-12-31	$£25.28 M	-51.89%
2018-12-31	$£52.55 M	-1032.66%
2017-12-31	$-£5.64 Million	1729.57%
2016-12-31	$-£0.31 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Philips PHG	£9.28 B	34,531.79%	🇳🇱 Netherlands
PAVmed PAVM	£19.27 M	-28.10%	🇺🇸 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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Ra Medical Systems (RMED) - Net assets

Net assets on the balance sheet as of March 2023 : £26.8 Million