Tenon Medical Inc (TNON) - Total Assets
Based on the latest financial reports, Tenon Medical Inc (TNON) holds total assets worth $10.37 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 Tenon Medical Inc (TNON) shareholders funds for net asset value and shareholders' equity analysis.
Tenon Medical Inc - Total Assets Trend (2019–2024)
This chart illustrates how Tenon Medical Inc's total assets have evolved over time, based on quarterly financial data.
Tenon Medical Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Tenon Medical Inc's total assets of $10.37 Million consist of 83.4% current assets and 16.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 66.4% |
| Accounts Receivable | $863.00K | 8.8% |
| Inventory | $606.00K | 6.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Tenon Medical 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 Tenon Medical Inc (TNON) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tenon Medical Inc's current assets represent 83.4% of total assets in 2024, a decrease from 100.0% in 2019.
- Cash Position: Cash and equivalents constituted 66.4% of total assets in 2024, up from 56.6% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 8.8% of total assets.
Tenon Medical Inc Competitors by Total Assets
Key competitors of Tenon Medical 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 |
Tenon Medical 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 | 2.15 | 3.52 | 0.20 |
| Quick Ratio | 1.70 | 3.33 | 0.17 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $3.50 Million | $8.01 Million | $-1.19 Million |
Tenon Medical Inc - Advanced Valuation Insights
This section examines the relationship between Tenon Medical 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 | 4.71 |
| Latest Market Cap to Assets Ratio | 0.68 |
| Asset Growth Rate (YoY) | 55.1% |
| Total Assets | $9.84 Million |
| Market Capitalization | $6.73 Million USD |
Valuation Analysis
Below Book Valuation: The market values Tenon Medical Inc's assets below their book value (0.68x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Tenon Medical Inc's assets grew by 55.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Tenon Medical Inc (2019–2024)
The table below shows the annual total assets of Tenon Medical Inc from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $9.84 Million | +55.13% |
| 2023-12-31 | $6.34 Million | -42.78% |
| 2022-12-31 | $11.09 Million | +19.60% |
| 2021-12-31 | $9.27 Million | +2271.96% |
| 2020-12-31 | $390.90K | +45.61% |
| 2019-12-31 | $268.45K | -- |
About Tenon Medical Inc
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 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 also provides Catamara… Read more