Imricor Medical Systems Balance Sheet Health
Financial Health criteria checks 2/6
Imricor Medical Systems has a total shareholder equity of $-8.8M and total debt of $8.9M, which brings its debt-to-equity ratio to -101.1%. Its total assets and total liabilities are $8.3M and $17.1M respectively.
Key information
-101.1%
Debt to equity ratio
US$8.85m
Debt
| Interest coverage ratio | n/a |
| Cash | US$831.52k |
| Equity | -US$8.75m |
| Total liabilities | US$17.06m |
| Total assets | US$8.31m |
Recent financial health updates
Does Imricor Medical Systems (ASX:IMR) Have A Healthy Balance Sheet?
Jun 17
Here's Why Imricor Medical Systems (ASX:IMR) Must Use Its Cash Wisely
Jul 08Will Imricor Medical Systems (ASX:IMR) Spend Its Cash Wisely?
Mar 23We're Hopeful That Imricor Medical Systems (ASX:IMR) Will Use Its Cash Wisely
May 09We Think Imricor Medical Systems (ASX:IMR) Needs To Drive Business Growth Carefully
Jan 24Recent updates
Does Imricor Medical Systems (ASX:IMR) Have A Healthy Balance Sheet?
Jun 17Here's Why Imricor Medical Systems (ASX:IMR) Must Use Its Cash Wisely
Jul 08Will Imricor Medical Systems (ASX:IMR) Spend Its Cash Wisely?
Mar 23We're Hopeful That Imricor Medical Systems (ASX:IMR) Will Use Its Cash Wisely
May 09When Will Imricor Medical Systems, Inc. (ASX:IMR) Turn A Profit?
Feb 28We Think Imricor Medical Systems (ASX:IMR) Needs To Drive Business Growth Carefully
Jan 24What Is The Ownership Structure Like For Imricor Medical Systems, Inc. (ASX:IMR)?
Dec 02
What You Need To Know About Imricor Medical Systems, Inc.'s (ASX:IMR) Investor Composition
Aug 18Analysts Expect Breakeven For Imricor Medical Systems, Inc. (ASX:IMR)
Jun 25Financial Position Analysis
Short Term Liabilities: IMR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: IMR has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: IMR has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: IMR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: IMR has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: IMR is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.