KORU Medical Systems
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has KORU Medical Systems's balance sheet done over the years? Its assets were worth $28,460,972 last year, which is less than in the previous period. 28% of KORU Medical Systems’s total assets is currently financed by debt. Its liabilities reached the amount of $8,107,201, which means an decrease by -26% compared compared to last year.
Debt to Assets
| 2013 | 5592225 | 1.23M | 22.1% |
|---|---|---|---|
| 2015 | 7281173 | 1.00M | 13.84% |
| 2016 | 8394300 | 1.27M | 15.2% |
| 2017 | 9280860 | 1.61M | 17.36% |
| 2018 | 10545039 | 1.58M | 15.02% |
| 2019 | 13881861 | 2.64M | 19.06% |
| 2020 | 39918934 | 3.76M | 9.42% |
| 2021 | 41293031 | 4.79M | 11.6% |
| 2022 | 42332443 | 11.00M | 26% |
| 2023 | 28460972 | 8.10M | 28.49% |
KRMD Balance Sheet (2013 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 11.48M | 17.40M | 25.33M | 27.31M | 5.87M | 3.73M | 3.97M | 4.20M | 2.55M | 1.93M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 1.51M | 263.26K | 261.11K | 259.78K | 257.00K |
Net receivables | 4.07M | 4.53M | 4.31M | 2.57M | 3.23M | 1.42M | 1.86M | 1.35M | 1.62M | 1.11M |
Inventory | 3.48M | 6.40M | 6.10M | 6.82M | 2.38M | 2.10M | 1.65M | 1.04M | 1.22M | 1.15M |
Other current assets | 1.21M | 1.45M | 1.56M | 807.78K | 387.39K | 246.59K | 170.73K | 265.12K | 240.68K | 180.65K |
Total current assets | 20.25M | 29.80M | 37.32M | 37.52M | 11.88M | 9.03M | 7.92M | 7.11M | 5.90M | 4.63M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 7.35M | 7.67M | 1.20M | 1.40M | 985.58K | 858.78K | 836.28K | 996.82K | 1.16M | 875.98K |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 754.36K | 787.18K | 808.81K | 843.58K | 807.13K | 632.15K | 483.82K | 247.69K | 180.55K | 22.91K |
Long term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 98.97K | 102.62K | 19.81K | 19.81K | 19.58K | 19.58K | 31.58K | 31.14K | 31.14K | 60.36K |
Total non-current assets | 8.20M | 12.53M | 3.97M | 2.39M | 2.00M | 1.51M | 1.35M | 1.27M | 1.37M | 959.26K |
Total assets | 28.46M | 42.33M | 41.29M | 39.91M | 13.88M | 10.54M | 9.28M | 8.39M | 7.28M | 5.59M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 3.43M | 90K | 0 | 0 | 3.76K | 0 | 22.48K | 22.48K | 22.48K |
Short term debt | 792.19K | 877.46K | 604.13K | 143.93K | 142.18K | 0 | 0 | 0 | 0 | 45.44K |
Total current liabilities | 4.45M | 6.95M | 4.79M | 3.66M | 2.40M | 1.58M | 1.58M | 1.10M | 691.65K | 525.35K |
| Non-current liabilities: | ||||||||||
Long term debt | 3.65M | 4.04M | 0 | 95.55K | 239.49K | 0 | 0 | 0 | 0 | 393.86K |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 3.76K | 0 | 0 | 0 |
Total non-current liabilities | 3.65M | 4.04M | 0 | 95.55K | 239.49K | 0 | 25.43K | 168.08K | 316.06K | 710.27K |
Total liabilities | 8.10M | 11.00M | 4.79M | 3.76M | 2.64M | 1.58M | 1.61M | 1.27M | 1.00M | 1.23M |
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