Ra Medical Systems (RMED)

Net assets on the balance sheet as of March 2023 : ₹3.23 Billion

According to Ra Medical Systems's latest financial reports the company has ₹3.23 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	$₹0.76 B	-24.71%
2021-12-31	$₹1.01 B	-34.2%
2020-12-31	$₹1.54 B	-34.58%
2019-12-31	$₹2.36 B	-49.32%
2018-12-31	$₹4.66 B	-1059.27%
2017-12-31	$-₹0.49 Billion	1782.92%
2016-12-31	$-₹25.83 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PAVmed PAVM	₹2.32 B	-28.10%	🇺🇸 USA
Philips PHG	₹1.121 T	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 : ₹3.23 Billion