TELA Bio (TELA) - Net Assets

Net assets on the balance sheet as of September 2024 : -£4.94 Million

According to TELA Bio's latest financial reports the company has -£4.94 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

TELA Bio - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$£11.82 M	-20.58%
2021-12-31	$£14.88 M	-58.6%
2020-12-31	$£35.96 M	52.33%
2019-12-31	$£23.61 M	-121.74%
2018-12-31	$-£0.11 Billion	35.69%
2017-12-31	$-£80.04 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Inari Medical NARI	£0.34 B	-7,031.78%	🇺🇸 USA
Merit Medical MMSI	£1.04 B	-21,200.29%	🇺🇸 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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TELA Bio (TELA) - Net assets

Net assets on the balance sheet as of September 2024 : -£4.94 Million