Tenon Medical, Inc. Warrant
Tenon Medical, Inc., a medical device company, engages in the development of surgical implant systems to treat severe lower back pain in the United States and Puerto Rico. The company offers CATAMARAN SI-Joint Fusion System to fuse sacroiliac joints (SI-Joints) to treat SI-Joint dysfunction that often causes severe lower back pain; and features fixation device that passes through the axial and sa… Read more
Tenon Medical, Inc. Warrant (TNONW) - Total Assets
Latest total assets as of June 2024: $6.01 Million USD
Based on the latest financial reports, Tenon Medical, Inc. Warrant (TNONW) holds total assets worth $6.01 Million USD as of June 2024.
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.
Tenon Medical, Inc. Warrant - Total Assets Trend (2020–2022)
This chart illustrates how Tenon Medical, Inc. Warrant’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tenon Medical, Inc. Warrant - Asset Composition Analysis
Current Asset Composition (December 2022)
Tenon Medical, Inc. Warrant's total assets of $6.01 Million consist of 84.3% current assets and 15.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 19.2% |
| Accounts Receivable | $228.00K | 2.1% |
| Inventory | $415.00K | 3.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2022)
This chart illustrates how Tenon Medical, Inc. Warrant'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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tenon Medical, Inc. Warrant's current assets represent 84.3% of total assets in 2022, an increase from 77.6% in 2020.
- Cash Position: Cash and equivalents constituted 19.2% of total assets in 2022, down from 62.8% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is inventory at 3.7% of total assets.
Tenon Medical, Inc. Warrant Competitors by Total Assets
Key competitors of Tenon Medical, Inc. Warrant based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shanghai Kehua Bio-Engineering Co Ltd
SHE:002022
|
China | CN¥5.17 Billion |
|
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SHE:002223
|
China | CN¥16.67 Billion |
|
Double Medical Technology Inc
SHE:002901
|
China | CN¥4.55 Billion |
|
Wuhan Easy Diagnosis Biomedicine Co Ltd Class A
SHE:002932
|
China | CN¥6.10 Billion |
|
Shinhung
KO:004080
|
Korea | ₩153.50 Billion |
|
UMediC Group Berhad
KLSE:0256
|
Malaysia | RM94.93 Million |
|
Osang Healthcare Co.,Ltd
KQ:036220
|
Korea | ₩287.70 Billion |
|
HansBiomed Corporation
KQ:042520
|
Korea | ₩126.41 Billion |
Tenon Medical, Inc. Warrant - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Tenon Medical, Inc. Warrant generates 0.06x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Tenon Medical, Inc. Warrant is currently not profitable relative to its asset base.
Tenon Medical, Inc. Warrant - 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 | 1.20 | 1.15 | 0.35 |
| Quick Ratio | 1.02 | 1.07 | 0.31 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $684.00K | $ 1.06 Million | $ -9.98 Million |
Tenon Medical, Inc. Warrant - Advanced Valuation Insights
This section examines the relationship between Tenon Medical, Inc. Warrant'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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 19.6% |
| Total Assets | $11.09 Million |
| Market Capitalization | $101.28 USD |
Valuation Analysis
Below Book Valuation: The market values Tenon Medical, Inc. Warrant's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Tenon Medical, Inc. Warrant's assets grew by 19.6% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Tenon Medical, Inc. Warrant (2020–2022)
The table below shows the annual total assets of Tenon Medical, Inc. Warrant from 2020 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | $11.09 Million | +19.60% |
| 2021-12-31 | $9.27 Million | +2271.96% |
| 2020-12-31 | $390.90K | -- |