KORU Medical Systems Balance Sheet Health
Financial Health criteria checks 5/6
KORU Medical Systems has a total shareholder equity of $20.4M and total debt of $314.3K, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are $28.5M and $8.1M respectively.
Key information
1.5%
Debt to equity ratio
US$314.34k
Debt
| Interest coverage ratio | n/a |
| Cash | US$11.48m |
| Equity | US$20.35m |
| Total liabilities | US$8.11m |
| Total assets | US$28.46m |
Recent financial health updates
We're Hopeful That KORU Medical Systems (NASDAQ:KRMD) Will Use Its Cash Wisely
Sep 21
We're Not Very Worried About KORU Medical Systems' (NASDAQ:KRMD) Cash Burn Rate
Sep 27Repro Med Systems (NASDAQ:KRMD) Is In A Good Position To Deliver On Growth Plans
Oct 27Recent updates
Market Cool On KORU Medical Systems, Inc.'s (NASDAQ:KRMD) Revenues
Feb 15We're Hopeful That KORU Medical Systems (NASDAQ:KRMD) Will Use Its Cash Wisely
Sep 21Market Cool On KORU Medical Systems, Inc.'s (NASDAQ:KRMD) Earnings Pushing Shares 28% Lower
Jul 14We're Not Very Worried About KORU Medical Systems' (NASDAQ:KRMD) Cash Burn Rate
Sep 27Repro Med Systems (NASDAQ:KRMD) Is In A Good Position To Deliver On Growth Plans
Oct 27Analysts Have Been Trimming Their Repro Med Systems, Inc. (NASDAQ:KRMD) Price Target After Its Latest Report
Aug 14Is Repro Med Systems, Inc.'s (NASDAQ:KRMD) Shareholder Ownership Skewed Towards Insiders?
Feb 22Returns On Capital At Repro Med Systems (NASDAQ:KRMD) Paint An Interesting Picture
Jan 27KORU Medical Systems: A Razor & Razor Blade Story
Jan 11Is Repro Med Systems, Inc. (NASDAQ:KRMD) Trading At A 50% Discount?
Dec 29
Have Insiders Been Buying Repro Med Systems, Inc. (NASDAQ:KRMD) Shares This Year?
Dec 03The Independent Chairman of the Board of Repro Med Systems, Inc. (NASDAQ:KRMD), R. Fletcher, Just Bought 77% More Shares
Dec 03Repro Med Systems: Fair View Of The Fundamentals
Nov 18Repro Med Systems, Inc. 2020 Q3 - Results - Earnings Call Presentation
Nov 05Repro Med Systems EPS misses by $0.01, misses on revenue
Nov 03Financial Position Analysis
Short Term Liabilities: KRMD's short term assets ($20.3M) exceed its short term liabilities ($4.5M).
Long Term Liabilities: KRMD's short term assets ($20.3M) exceed its long term liabilities ($3.7M).
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 1.5% 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 1.7 years if free cash flow continues to reduce at historical rates of 48.3% each year.