Ra Medical Systems (RMED)

Net assets on the balance sheet as of March 2023 : NZ$59.58 Million

According to Ra Medical Systems's latest financial reports the company has NZ$59.58 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	$NZ$14.58 M	-27.14%
2021-12-31	$NZ$20.01 M	-31.7%
2020-12-31	$NZ$29.3 M	-40.46%
2019-12-31	$NZ$49.22 M	-50.5%
2018-12-31	$NZ$99.44 M	-1027.46%
2017-12-31	$-NZ$10.73 Million	1854.53%
2016-12-31	$-NZ$0.55 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PAVmed PAVM	NZ$42.84 M	-28.10%	🇺🇸 USA
Philips PHG	NZ$20.63 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 : NZ$59.58 Million