Nemaura Medical Balance Sheet Health
Financial Health criteria checks 0/6
Nemaura Medical has a total shareholder equity of $-17.8M and total debt of $19.6M, which brings its debt-to-equity ratio to -110.2%. Its total assets and total liabilities are $5.2M and $23.0M respectively.
Key information
-110.2%
Debt to equity ratio
US$19.64m
Debt
| Interest coverage ratio | n/a |
| Cash | US$137.42k |
| Equity | -US$17.83m |
| Total liabilities | US$23.00m |
| Total assets | US$5.17m |
Recent financial health updates
Recent updates
Nemaura Medical GAAP EPS of -$0.17
Aug 15Nemaura Medical GAAP EPS of -$0.59 misses by $0.12, revenue of $0.51M
Jun 30Nemaura Medical: Opportunity In The Consumer-Centered Continuous Glucose Monitoring Market
Mar 10Nemaura Medical (NASDAQ:NMRD) Has Debt But No Earnings; Should You Worry?
Nov 17
Nemaura Medical: From Believer To Skeptic
Sep 20Nemaura: Wearable Monitoring Patches For Type-2 Diabetics Could Be An Inspired Move
Jul 02Nemaura Medical rallies on 200K sugarBEAT sensors order
May 05Nemaura Medical: Lowering Glucose Levels Will Increase Share Price
Feb 03How Much Of Nemaura Medical Inc. (NASDAQ:NMRD) Do Insiders Own?
Dec 22
Financial Position Analysis
Short Term Liabilities: NMRD has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: NMRD has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: NMRD has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: NMRD's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: NMRD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NMRD has less than a year of cash runway if free cash flow continues to reduce at historical rates of 23.9% each year