Innovative Medical ManagementLtd Balance Sheet Health
Financial Health criteria checks 6/6
Innovative Medical ManagementLtd has a total shareholder equity of CN¥1.8B and total debt of CN¥49.1M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are CN¥2.2B and CN¥376.6M respectively.
Key information
2.7%
Debt to equity ratio
CN¥49.05m
Debt
| Interest coverage ratio | n/a |
| Cash | CN¥560.42m |
| Equity | CN¥1.84b |
| Total liabilities | CN¥376.61m |
| Total assets | CN¥2.22b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002173's short term assets (CN¥717.7M) exceed its short term liabilities (CN¥306.5M).
Long Term Liabilities: 002173's short term assets (CN¥717.7M) exceed its long term liabilities (CN¥70.1M).
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 3.9% to 2.7% 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 2.2 years if free cash flow continues to grow at historical rates of 12.5% each year.