Ra Medical Systems (RMED)

Net assets on the balance sheet as of March 2023 : HK$0.28 Billion

According to Ra Medical Systems's latest financial reports the company has HK$0.28 Billion 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	$HK$72.35 M	-32.14%
2021-12-31	$HK$0.10 B	-34.96%
2020-12-31	$HK$0.16 B	-36.5%
2019-12-31	$HK$0.25 B	-50.58%
2018-12-31	$HK$0.52 B	-977.98%
2017-12-31	$-HK$59.5 Million	1919.04%
2016-12-31	$-HK$2.95 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PAVmed PAVM	HK$0.20 B	-28.10%	🇺🇸 USA
Philips PHG	HK$97.04 B	34,531.79%	🇳🇱 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 : HK$0.28 Billion