IR-Med Balance Sheet Health
Financial Health criteria checks 3/6
IR-Med has a total shareholder equity of $365.0K and total debt of $161.0K, which brings its debt-to-equity ratio to 44.1%. Its total assets and total liabilities are $999.0K and $634.0K respectively.
Key information
44.1%
Debt to equity ratio
US$161.00k
Debt
Interest coverage ratio | n/a |
Cash | US$767.00k |
Equity | US$365.00k |
Total liabilities | US$634.00k |
Total assets | US$999.00k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IRME's short term assets ($848.0K) exceed its short term liabilities ($473.0K).
Long Term Liabilities: IRME's short term assets ($848.0K) exceed its long term liabilities ($161.0K).
Debt to Equity History and Analysis
Debt Level: IRME has more cash than its total debt.
Reducing Debt: Insufficient data to determine if IRME's debt to equity ratio has reduced 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: IRME has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: IRME has less than a year of cash runway if free cash flow continues to reduce at historical rates of 41.6% each year