BIMI Holdings Balance Sheet Health
Financial Health criteria checks 6/6
BIMI Holdings has a total shareholder equity of $10.1M and total debt of $1.8M, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are $35.0M and $24.9M respectively.
Key information
18.0%
Debt to equity ratio
US$1.82m
Debt
| Interest coverage ratio | n/a |
| Cash | US$994.13k |
| Equity | US$10.14m |
| Total liabilities | US$24.90m |
| Total assets | US$35.04m |
Recent financial health updates
Recent updates
With A 60% Price Drop For BIMI Holdings Inc. (NASDAQ:BIMI) You'll Still Get What You Pay For
Apr 03
After Leaping 39% BIMI Holdings Inc. (NASDAQ:BIMI) Shares Are Not Flying Under The Radar
Feb 15Does BIMI International Medical (NASDAQ:BIMI) Have A Healthy Balance Sheet?
Aug 16BIMI International Medical to acquire healthcare products distributor Phenix Bio
Jul 07BOQI International Medical to acquire Chaohu Zhongshan Minimally Invasive Hospital for ~$18.35M
Dec 16BOQI International to acquire Chongqing Guoyitang Hospital for ~$15.24M
Dec 09BOQI International Medical rallies on Chaohu Hospital acquisition
Nov 30BOQI International Medical reports Q3 results
Nov 16BOQI International Medical inks MOU with Chongqing Cogmer Biology Technology
Nov 09Financial Position Analysis
Short Term Liabilities: BIMI's short term assets ($24.4M) exceed its short term liabilities ($20.2M).
Long Term Liabilities: BIMI's short term assets ($24.4M) exceed its long term liabilities ($4.7M).
Debt to Equity History and Analysis
Debt Level: BIMI's net debt to equity ratio (8.2%) is considered satisfactory.
Reducing Debt: BIMI's debt to equity ratio has reduced from 24.4% to 18% 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: BIMI has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BIMI is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.