Tactile Medical (TCMD)

Net assets on the balance sheet as of June 2024 : HK$1.56 Billion

According to Tactile Medical's latest financial reports the company has HK$1.56 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Tactile Medical - Net assets on balance sheet (from 2014 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$1.51 B	59.44%
2022-12-31	$HK$0.94 B	-5.13%
2021-12-31	$HK$0.99 B	3.39%
2020-12-31	$HK$0.96 B	10.28%
2019-12-31	$HK$0.87 B	25.44%
2018-12-31	$HK$0.69 B	22.93%
2017-12-31	$HK$0.56 B	22.97%
2016-12-31	$HK$0.46 B	118.74%
2015-12-31	$HK$0.21 B	10.56%
2014-12-31	$HK$0.19 B	11.05%
2013-12-31	$HK$0.17 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Inari Medical NARI	HK$3.38 B	116.65%	🇺🇸 USA
Merit Medical MMSI	HK$10.28 B	559.48%	🇺🇸 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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Tactile Medical (TCMD) - Net assets

Net assets on the balance sheet as of June 2024 : HK$1.56 Billion