Innovative Medical ManagementLtd Balance Sheet Health
Financial Health criteria checks 6/6
Innovative Medical ManagementLtd has a total shareholder equity of CN¥1.9B and total debt of CN¥30.0M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are CN¥2.3B and CN¥399.6M respectively.
Key information
1.6%
Debt to equity ratio
CN¥30.00m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥620.88m |
| Equity | CN¥1.89b |
| Total liabilities | CN¥399.55m |
| Total assets | CN¥2.29b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002173's short term assets (CN¥756.6M) exceed its short term liabilities (CN¥311.4M).
Long Term Liabilities: 002173's short term assets (CN¥756.6M) exceed its long term liabilities (CN¥88.2M).
Debt to Equity History and Analysis
Debt Level: 002173 has more cash than its total debt.
Reducing Debt: 002173's debt to equity ratio has reduced from 27.8% to 1.6% over the past 5 years.
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: 002173 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 002173 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 0.9% each year