Tenon Medical Inc - Asset Resilience Ratio

Latest as of December 2023: 0.00%

Tenon Medical Inc (TNON) has an Asset Resilience Ratio of 0.00% as of December 2023. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See Tenon Medical Inc (TNON) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

$0.00
Cash + Short-term Investments

Total Assets

$6.34 Million
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2021–2023)

This chart shows how Tenon Medical Inc's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Tenon Medical Inc (TNON) total assets.

Liquid Assets Composition Over Time

This chart breaks down Tenon Medical Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read TNON total liabilities for a breakdown of total debt and financial obligations.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $0.00 0%
Total Liquid Assets $0.00 0.00%

Asset Resilience Insights

  • Limited Liquidity: Tenon Medical Inc maintains only 0.00% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company maintains a balanced mix of cash and short-term investments.

Tenon Medical Inc Industry Peers by Asset Resilience Ratio

Compare Tenon Medical Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Demant A/S
CO:DEMANT
Medical Devices -2.59%
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SHE:002223
Medical Devices 0.84%
INKON Life Technology Co Ltd
SHE:300143
Medical Devices 5.73%
LENSAR Inc
NASDAQ:LNSR
Medical Devices 0.00%
Lumos Diagnostics Holdings Ltd
AU:LDX
Medical Devices 14.18%
Emvision Medical Devices Ltd
AU:EMV
Medical Devices 0.06%
DRTECH Corporation
KQ:214680
Medical Devices 5.18%
MODULIGHT OY EO 1
F:78W
Medical Devices 15.99%

Annual Asset Resilience Ratio for Tenon Medical Inc (2021–2023)

The table below shows the annual Asset Resilience Ratio data for Tenon Medical Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.00% $0.00 $6.34 Million --
2022-12-31 58.08% $6.44 Million $11.09 Million +10.59pp
2021-12-31 47.50% $4.40 Million $9.27 Million --
pp = percentage points

About Tenon Medical Inc

NASDAQ:TNON USA Medical Devices
Market Cap
$2.61 Million
Market Cap Rank
#30309 Global
#6163 in USA
Share Price
$3.91
Change (1 day)
-22.73%
52-Week Range
$0.13 - $11.41
All Time High
$3984.00
About

Tenon Medical, Inc., a medical device company, engages in the development of implant for the treatment of severe lower back pain in the United States. The company offers Catamaran SI-Joint Fusion System, an invasive inferior-posterior approach to the sacroiliac joint (SI Joint) using a titanium implant for treatment of the most common types of SI Joint disorders that cause lower back pain. It als… Read more