IRADIMED Balance Sheet Health
Financial Health criteria checks 6/6
IRADIMED has a total shareholder equity of $83.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $94.2M and $10.8M respectively. IRADIMED's EBIT is $21.3M making its interest coverage ratio -11.4. It has cash and short-term investments of $51.7M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -11.4x |
| Cash | US$51.72m |
| Equity | US$83.43m |
| Total liabilities | US$10.81m |
| Total assets | US$94.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 46K's short term assets ($74.3M) exceed its short term liabilities ($8.1M).
Long Term Liabilities: 46K's short term assets ($74.3M) exceed its long term liabilities ($2.8M).
Debt to Equity History and Analysis
Debt Level: 46K is debt free.
Reducing Debt: 46K had no debt 5 years ago.
Debt Coverage: 46K has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 46K has no debt, therefore coverage of interest payments is not a concern.