Imricor Medical Systems, Inc.

ASX:IMR Stock Report

Market Cap: AU$254.0m

Imricor Medical Systems Balance Sheet Health

Financial Health criteria checks 2/6

Imricor Medical Systems has a total shareholder equity of $-6.4M and total debt of $8.2M, which brings its debt-to-equity ratio to -126.8%. Its total assets and total liabilities are $7.7M and $14.1M respectively.

Key information

-126.8%

Debt to equity ratio

US$8.16m

Debt

Interest coverage ration/a
CashUS$1.50m
Equity-US$6.44m
Total liabilitiesUS$14.14m
Total assetsUS$7.71m

Recent financial health updates

Recent updates

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Imricor Medical Systems, Inc.'s (ASX:IMR) CEO For Now

May 08
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Imricor Medical Systems, Inc.'s (ASX:IMR) CEO For Now

Does Imricor Medical Systems (ASX:IMR) Have A Healthy Balance Sheet?

Jun 17
Does Imricor Medical Systems (ASX:IMR) Have A Healthy Balance Sheet?

Here's Why Imricor Medical Systems (ASX:IMR) Must Use Its Cash Wisely

Jul 08
Here's Why Imricor Medical Systems (ASX:IMR) Must Use Its Cash Wisely

Will Imricor Medical Systems (ASX:IMR) Spend Its Cash Wisely?

Mar 23
Will Imricor Medical Systems (ASX:IMR) Spend Its Cash Wisely?

We're Hopeful That Imricor Medical Systems (ASX:IMR) Will Use Its Cash Wisely

May 09
We're Hopeful That Imricor Medical Systems (ASX:IMR) Will Use Its Cash Wisely

When Will Imricor Medical Systems, Inc. (ASX:IMR) Turn A Profit?

Feb 28
When Will Imricor Medical Systems, Inc. (ASX:IMR) Turn A Profit?

We Think Imricor Medical Systems (ASX:IMR) Needs To Drive Business Growth Carefully

Jan 24
We Think Imricor Medical Systems (ASX:IMR) Needs To Drive Business Growth Carefully

What Is The Ownership Structure Like For Imricor Medical Systems, Inc. (ASX:IMR)?

Dec 02
What Is The Ownership Structure Like For Imricor Medical Systems, Inc. (ASX:IMR)?

What You Need To Know About Imricor Medical Systems, Inc.'s (ASX:IMR) Investor Composition

Aug 18
What You Need To Know About Imricor Medical Systems, Inc.'s (ASX:IMR) Investor Composition

Analysts Expect Breakeven For Imricor Medical Systems, Inc. (ASX:IMR)

Jun 25
Analysts Expect Breakeven For Imricor Medical Systems, Inc. (ASX:IMR)

Financial 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.


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