Ra Medical Systems (RMED)

Net assets on the balance sheet as of March 2023 : $35.86 Million USD

According to Ra Medical Systems's latest financial reports the company has $35.86 Million USD 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	$$9.26 M	-32.28%
2021-12-31	$$13.67 M	-35.34%
2020-12-31	$$21.14 M	-36.21%
2019-12-31	$$33.15 M	-50.3%
2018-12-31	$$66.7 M	-975.97%
2017-12-31	$-$7.62 Million	1903.95%
2016-12-31	$-$0.38 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Philips PHG	$12.42 B	34,531.79%	🇳🇱 Netherlands
PAVmed PAVM	$25.78 M	-28.10%	🇺🇸 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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Ra Medical Systems (RMED) - Net assets

Net assets on the balance sheet as of March 2023 : $35.86 Million USD