Myomo Inc

NYSE MKT:MYO USA Medical Devices
Market Cap
$27.71 Million
Market Cap Rank
#25501 Global
#8703 in USA
Share Price
$0.72
Change (1 day)
-2.54%
52-Week Range
$0.65 - $5.52
All Time High
$579.30
About

Myomo, Inc., a wearable medical robotics company, designs, develops, and produces myoelectric orthotics for people with neuromuscular disorders in the United States, Germany, and internationally. The company offers MyoPro, a myoelectric-controlled upper limb brace or orthosis product used for supporting a patient's weak or paralyzed arm to enable and improve functional activities of daily living.… Read more

Myomo Inc (MYO) - Net Assets

Latest net assets as of September 2025: $14.63 Million USD

Based on the latest financial reports, Myomo Inc (MYO) has net assets worth $14.63 Million USD as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($34.08 Million) and total liabilities ($19.45 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets $14.63 Million
% of Total Assets 42.92%
Annual Growth Rate 42.57%
5-Year Change 113.69%
10-Year Change N/A
Growth Volatility 223.51

Myomo Inc - Net Assets Trend (2014–2024)

This chart illustrates how Myomo Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Myomo Inc (2014–2024)

The table below shows the annual net assets of Myomo Inc from 2014 to 2024.

Year Net Assets Change
2024-12-31 $24.71 Million +174.93%
2023-12-31 $8.99 Million +41.36%
2022-12-31 $6.36 Million -58.73%
2021-12-31 $15.41 Million +33.24%
2020-12-31 $11.57 Million +533.82%
2019-12-31 $1.82 Million -71.60%
2018-12-31 $6.43 Million -48.37%
2017-12-31 $12.45 Million +171.00%
2016-12-31 $-17.53 Million -1210.04%
2015-12-31 $-1.34 Million -287.91%
2014-12-31 $712.11K --

Equity Component Analysis

This analysis shows how different components contribute to Myomo Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 8758581400.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock $3.44K 0.01%
Other Comprehensive Income $-14.41K -0.06%
Other Components $127.84 Million 517.27%
Total Equity $24.71 Million 100.00%

Myomo Inc Competitors by Market Cap

The table below lists competitors of Myomo Inc ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Myomo Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 8,989,350 to 24,714,057, a change of 15,724,707 (174.9%).
  • Net loss of 6,183,729 reduced equity.
  • Share repurchases of 21,131,930 reduced equity.
  • New share issuances of 20,368,791 increased equity.
  • Other comprehensive income decreased equity by 98,075.
  • Other factors increased equity by 22,769,650.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income $-6.18 Million -25.02%
Share Repurchases $21.13 Million -85.51%
Share Issuances $20.37 Million +82.42%
Other Comprehensive Income $-98.08K -0.4%
Other Changes $22.77 Million +92.13%
Total Change $- 174.93%

Book Value vs Market Value Analysis

This analysis compares Myomo Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 1.10x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 0.03x to 1.10x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2014-12-31 $21.40 $0.72 x
2015-12-31 $-40.17 $0.72 x
2016-12-31 $-2.73 $0.72 x
2017-12-31 $86.47 $0.72 x
2018-12-31 $15.67 $0.72 x
2019-12-31 $3.29 $0.72 x
2020-12-31 $3.47 $0.72 x
2021-12-31 $2.64 $0.72 x
2022-12-31 $0.90 $0.72 x
2023-12-31 $0.30 $0.72 x
2024-12-31 $0.65 $0.72 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Myomo Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -25.02%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -19.00%
  • • Asset Turnover: 0.77x
  • • Equity Multiplier: 1.71x
  • Recent ROE (-25.02%) is above the historical average (-162.89%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2014 -495.40% -386.29% 0.30x 4.28x $-3.60 Million
2015 0.00% -649.90% 0.46x 0.00x $-4.35 Million
2016 0.00% -327.84% 0.67x 0.00x $-1.86 Million
2017 -97.20% -776.04% 0.11x 1.12x $-13.34 Million
2018 -160.55% -422.11% 0.30x 1.29x $-10.96 Million
2019 -587.11% -279.15% 0.58x 3.62x $-10.90 Million
2020 -99.99% -152.49% 0.52x 1.27x $-12.72 Million
2021 -67.31% -74.86% 0.69x 1.30x $-11.91 Million
2022 -168.59% -68.92% 1.53x 1.60x $-11.36 Million
2023 -90.64% -42.34% 1.32x 1.62x $-9.05 Million
2024 -25.02% -19.00% 0.77x 1.71x $-8.66 Million

Industry Comparison

This section compares Myomo Inc's net assets metrics with peer companies in the Medical Devices industry.

Industry Context

  • Industry: Medical Devices
  • Average net assets among peers: $694,749,556
  • Average return on equity (ROE) among peers: -25.46%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Myomo Inc (MYO) $14.63 Million -495.40% 1.33x $19.94 Million
Advanced Biomedical Technologies Inc (ABMT) $-4.46 Million 0.00% 0.00x $14.18K
Abbott Laboratories (ABT) $4.82 Billion 39.04% 1.31x $191.37 Billion
Acarix AB (publ) (ACIXF) $1.93 Million -127.02% 0.21x $26.42 Million
Adagio Medical Holdings, Inc Common Stock (ADGM) $-72.62 Million 0.00% 0.00x $4.05 Million
Adm Tronics Unltd (ADMT) $-12.69K 0.00% 0.00x $3.17 Million
Aethlon Medical Inc (AEMD) $-3.07 Million 0.00% 0.00x $2.79 Million
Acutus Medical Inc (AFIB) $126.58 Million -80.56% 0.52x $732.88K
Adapthealth Corp (AHCO) $2.07 Billion 7.56% 1.54x $914.25 Million
Allied Healthcare Products Inc. (AHPIQ) $8.88 Million -33.95% 1.22x $726.24
20/20 Biolabs, Inc. Common Stock (AIDX) $3.39 Million -59.65% 0.38x $9.18 Million