Tactile Systems Technology Inc (TCMD) - Total Assets
Based on the latest financial reports, Tactile Systems Technology Inc (TCMD) holds total assets worth $259.18 Million USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See Tactile Systems Technology Inc shareholders equity for net asset value and shareholders' equity analysis.
Tactile Systems Technology Inc - Total Assets Trend (2013–2024)
This chart illustrates how Tactile Systems Technology Inc's total assets have evolved over time, based on quarterly financial data.
Tactile Systems Technology Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Tactile Systems Technology Inc's total assets of $259.18 Million consist of 59.6% current assets and 40.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 31.7% |
| Accounts Receivable | $44.94 Million | 15.1% |
| Inventory | $18.67 Million | 6.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $42.79 Million | 14.4% |
| Goodwill | $31.06 Million | 10.4% |
Asset Composition Trend (2013–2024)
This chart illustrates how Tactile Systems Technology Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Tactile Systems Technology Inc market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tactile Systems Technology Inc's current assets represent 59.6% of total assets in 2024, a decrease from 78.1% in 2013.
- Cash Position: Cash and equivalents constituted 31.7% of total assets in 2024, up from 22.4% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 24.0% of total assets, an increase from 10.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 15.1% of total assets.
Tactile Systems Technology Inc Competitors by Total Assets
Key competitors of Tactile Systems Technology Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
INKON Life Technology Co Ltd
SHE:300143
|
China | CN¥4.15 Billion |
|
CareRay Digital Medical Technology Co Ltd
SHG:688607
|
China | CN¥988.48 Million |
|
Senseonics Holdings, Inc. Common Stock
NYSE MKT:SENS
|
USA | $139.92 Million |
|
Universus Photo Imagings Limited
NSE:UNIVPHOTO
|
India | Rs8.57 Billion |
|
HansBiomed Corporation
KQ:042520
|
Korea | ₩126.41 Billion |
|
Aligned Genetics Inc
KQ:238120
|
Korea | ₩45.11 Billion |
|
Heramed Ltd
AU:HMD
|
Australia | AU$1.04 Million |
|
Acarix A/S
ST:ACARIX
|
Sweden | Skr48.33 Million |
Tactile Systems Technology Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.61 | 4.37 | 4.63 |
| Quick Ratio | 3.20 | 3.80 | 3.93 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $102.21 Million | $125.22 Million | $96.90 Million |
Tactile Systems Technology Inc - Advanced Valuation Insights
This section examines the relationship between Tactile Systems Technology Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.89 |
| Latest Market Cap to Assets Ratio | 1.72 |
| Asset Growth Rate (YoY) | 5.9% |
| Total Assets | $297.92 Million |
| Market Capitalization | $511.26 Million USD |
Valuation Analysis
Above Book Valuation: The market values Tactile Systems Technology Inc's assets above their book value (1.72x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Tactile Systems Technology Inc's assets grew by 5.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Tactile Systems Technology Inc (2013–2024)
The table below shows the annual total assets of Tactile Systems Technology Inc from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $297.92 Million | +5.86% |
| 2023-12-31 | $281.44 Million | +10.37% |
| 2022-12-31 | $255.00 Million | +4.39% |
| 2021-12-31 | $244.27 Million | +40.31% |
| 2020-12-31 | $174.09 Million | +14.72% |
| 2019-12-31 | $151.75 Million | +41.73% |
| 2018-12-31 | $107.07 Million | +21.06% |
| 2017-12-31 | $88.45 Million | +19.63% |
| 2016-12-31 | $73.94 Million | +99.97% |
| 2015-12-31 | $36.97 Million | +17.40% |
| 2014-12-31 | $31.49 Million | +7.76% |
| 2013-12-31 | $29.23 Million | -- |
About Tactile Systems Technology Inc
Tactile Systems Technology, Inc., a medical technology company, develops and provides medical devices to treat underserved chronic diseases in the United States. It offers Flexitouch Plus system, a pneumatic compression device for the treatment of lymphedema in the home setting; and Entre Plus System, a portable pneumatic compression device for the at-home treatment of venous disorders, such as l… Read more