Tactile Medical (TCMD)

Net assets on the balance sheet as of June 2024 : NZ$0.32 B

According to Tactile Medical's latest financial reports the company has NZ$0.32 B 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	$NZ$0.30 B	60.14%
2022-12-31	$NZ$0.19 B	2.12%
2021-12-31	$NZ$0.18 B	7.94%
2020-12-31	$NZ$0.17 B	3.92%
2019-12-31	$NZ$0.16 B	25.48%
2018-12-31	$NZ$0.13 B	29.79%
2017-12-31	$NZ$0.10 B	19.04%
2016-12-31	$NZ$86.09 M	115.78%
2015-12-31	$NZ$39.9 M	26.96%
2014-12-31	$NZ$31.42 M	16.23%
2013-12-31	$NZ$27.03 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Inari Medical NARI	NZ$0.68 B	111.19%	🇺🇸 USA
Merit Medical MMSI	NZ$2.07 B	539.06%	🇺🇸 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 : NZ$0.32 B