KORU Medical Systems, Inc.

NasdaqCM:KRMD Stock Report

Mkt Cap: US$180.2m

KORU Medical Systems Financial Health

How is KORU Medical Systems's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: KRMD's short term assets ($30.7M) exceed its short term liabilities ($6.2M).

Long Term Liabilities: KRMD's short term assets ($30.7M) exceed its long term liabilities ($4.0M).


Debt to Equity History and Analysis

Debt Level: KRMD has more cash than its total debt.

Reducing Debt: KRMD's debt to equity ratio has increased from 0% to 2% 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: KRMD has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: KRMD has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 56% each year.


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