Tactile Medical (TCMD)

Net assets on the balance sheet as of September 2024 : NZ$0.35 Billion

According to Tactile Medical's latest financial reports the company has NZ$0.35 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	$NZ$0.30 B	60.14%
2022-12-31	$NZ$0.19 B	1.85%
2021-12-31	$NZ$0.18 B	8.58%
2020-12-31	$NZ$0.17 B	3.42%
2019-12-31	$NZ$0.16 B	25.62%
2018-12-31	$NZ$0.13 B	29.86%
2017-12-31	$NZ$0.10 B	19.04%
2016-12-31	$NZ$86.09 M	116.02%
2015-12-31	$NZ$39.85 M	26.66%
2014-12-31	$NZ$31.46 M	16.44%
2013-12-31	$NZ$27.02 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Inari Medical NARI	NZ$0.74 B	109.12%	🇺🇸 USA
Merit Medical MMSI	NZ$2.26 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 : NZ$0.35 Billion