Tactile Medical (TCMD)

Net assets on the balance sheet as of September 2024 : A$0.31 Billion

According to Tactile Medical's latest financial reports the company has A$0.31 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	$A$0.28 B	59.32%
2022-12-31	$A$0.17 B	0.86%
2021-12-31	$A$0.17 B	9.02%
2020-12-31	$A$0.16 B	0.88%
2019-12-31	$A$0.16 B	26.91%
2018-12-31	$A$0.12 B	35.92%
2017-12-31	$A$93.23 M	12.69%
2016-12-31	$A$82.73 M	120.96%
2015-12-31	$A$37.44 M	24.29%
2014-12-31	$A$30.12 M	21.01%
2013-12-31	$A$24.89 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Inari Medical NARI	A$0.66 B	109.12%	🇺🇸 USA
Merit Medical MMSI	A$2.03 B	536.56%	🇺🇸 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 September 2024 : A$0.31 Billion