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¥66.9M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are CN¥2.2B and CN¥387.5M respectively.
Key information
3.6%
Debt to equity ratio
CN¥66.90m
Debt
Interest coverage ratio | n/a |
Cash | CN¥566.32m |
Equity | CN¥1.86b |
Total liabilities | CN¥387.54m |
Total assets | CN¥2.24b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 002173's short term assets (CN¥732.6M) exceed its short term liabilities (CN¥313.2M).
Long Term Liabilities: 002173's short term assets (CN¥732.6M) exceed its long term liabilities (CN¥74.3M).
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 7.9% to 3.6% 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 2.1 years if free cash flow continues to grow at historical rates of 14.6% each year.