TELA Bio (TELA) - Net Assets

Net assets on the balance sheet as of September 2024 : -HK$48.74 Million

According to TELA Bio's latest financial reports the company has -HK$48.74 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	$HK$0.11 B	-28.68%
2021-12-31	$HK$0.15 B	-58.77%
2020-12-31	$HK$0.38 B	57.61%
2019-12-31	$HK$0.24 B	-122.34%
2018-12-31	$-HK$1.08 Billion	27.74%
2017-12-31	$-HK$0.85 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Inari Medical NARI	HK$3.37 B	-7,031.78%	🇺🇸 USA
Merit Medical MMSI	HK$10.28 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 : -HK$48.74 Million