CSIMarket
 


Koru Medical Systems Inc  (KRMD)
Other Ticker:  
 

Koru Medical Systems Inc's Tangible Leverage Ratio

KRMD's quarterly Tangible Leverage Ratio and Total Liabilities, Tangible Equity growth


Due to net new borrowings of 2.32%, Tangible Leverage Ratio fell to 0.41, above the Koru Medical Systems Inc's average Tangible Leverage Ratio.

Within Medical Equipment & Supplies industry in the forth quarter 2023, 33 other companies have achieved lower Tangible Leverage Ratio than Koru Medical Systems Inc in the IV Quarter 2023. While Tangible Leverage Ratio total ranking has improved so far in the forth quarter 2023 to 432, from total ranking in the third quarter 2023 at 570 .

Explain Tangible Leverage Ratio?
What is KRMD Market Share?
What are KRMD´s Total Liabilities?


KRMD Tangible Leverage Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Tangible Equity Change -35.82 % -15.84 % -14.14 % -14.68 % -14.44 %
Y / Y Total Liabilities Change -26.34 % -22.12 % -19.77 % -1.96 % 134.36 %
Tangible Leverage Ratio MRQ 0.41 0.3 0.29 0.29 0.36
KRMD's Total Ranking # 432 # 570 # 585 # 136 # 911
Seq. Tangible Equity Change -26.52 % -2.4 % -5.81 % -4.99 % -3.64 %
Seq. Total Liabilities Change 2.32 % 0.37 % -6.65 % -23.16 % 8.18 %



Tangible Leverage Ratio forth quarter 2023 Company Ranking
Within: No.
Medical Equipment & Supplies Industry # 34
Healthcare Sector # 142
Overall Market # 432


Tangible Leverage Ratio Statistics
High Average Low
0.4 0.22 0.09
(Dec 31 2023)   (Jun 30 2021)




Financial Statements
Koru Medical Systems Inc's Tangible Equity $ 20 Millions Visit KRMD's Balance sheet
Koru Medical Systems Inc's Total Liabilities $ 8 Millions Visit KRMD's Balance sheet
Source of KRMD's Sales Visit KRMD's Sales by Geography


Cumulative Koru Medical Systems Inc's Tangible Leverage Ratio

KRMD's Tangible Leverage Ratio for the trailling 12 Months

KRMD Tangible Leverage Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Tangible Equity TTM Growth -35.82 % -15.84 % -14.14 % -14.68 % -14.44 %
Y / Y Total Liabilities TTM Growth -26.34 % -22.12 % -19.77 % -1.96 % 134.36 %
Tangible Leverage Ratio TTM 0.32 0.31 0.32 0.32 0.31
Total Ranking TTM # 7 # 7 # 2 # 593 # 300
Seq. Tangible Equity TTM Growth -26.52 % -2.4 % -5.81 % -4.99 % -3.64 %
Seq. Total Liabilities TTM Growth 2.32 % 0.37 % -6.65 % -23.16 % 8.18 %


On the trailing twelve months basis Due to the net new borrowings of 2.32% during the trailing twelve months finishing in the IV Quarter 2023, cumulativeTangible Leverage Ratio improved to 0.32, above the Koru Medical Systems Inc's average Tangible Leverage Ratio.
Tangible Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the Medical Equipment & Supplies industry KRMD recorded the lowest Tangible Leverage Ratio. While total ranking remained unchanged compared to previous 12 month period at no. 7.

Explain Tangible Leverage Ratio?
What is KRMD Market Share?
What are KRMD´s Total Liabilities?

TTM Tangible Leverage Ratio Company Ranking
Within: No.
Within the Medical Equipment & Supplies Industry # 0
Healthcare Sector # 2
Within the Market # 7


trailing twelve months Tangible Leverage Ratio Statistics
High Average Low
0.07 0.02 0
(Jun 30 2020)   (Sep 30 2021)




Companies with similar Tangible Leverage Ratio in the quarter ending Dec 31 2023, within Medical Equipment & Supplies Industry Tangible Leverage RatioDec 31 2023 MRQ Total LiabilitiesDec 31 2023 MRQ Tangible Equity
Ufp Technologies Inc   1.09 $ 118.045  Millions$ 108.712  Millions
Adm Tronics Unlimited Inc   1.08 $ 1.168  Millions$ 1.079  Millions
Electrocore Inc   1.08 $ 8.034  Millions$ 7.442  Millions
Clearpoint Neuro Inc   1.07 $ 21.488  Millions$ 20.132  Millions
Encision Inc   1.03 $ 2.094  Millions$ 2.027  Millions
Irhythm Technologies Inc   0.98 $ 204.582  Millions$ 209.235  Millions
Atricure Inc   0.88 $ 147.764  Millions$ 167.401  Millions
Docgo Inc   0.86 $ 189.657  Millions$ 219.948  Millions
Biolife Solutions Inc   0.82 $ 75.051  Millions$ 91.773  Millions
Mimedx Group Inc   0.82 $ 96.330  Millions$ 118.019  Millions
Align Technology inc   0.78 $ 2,453.388  Millions$ 3,128.841  Millions
Alcon inc   0.77 $ 8,990.000  Millions$ 11,698.000  Millions
Silk Road Medical Inc   0.76 $ 114.158  Millions$ 151.151  Millions
Globus Medical Inc   0.66 $ 1,088.124  Millions$ 1,638.816  Millions
Odyssey Health Inc   0.62 $ 5.380  Millions$ 8.670  Millions
Pro dex Inc   0.62 $ 19.641  Millions$ 31.718  Millions
Angiodynamics Inc   0.58 $ 80.639  Millions$ 138.109  Millions
Tactile Systems Technology Inc   0.57 $ 66.553  Millions$ 115.855  Millions
Edwards Lifesciences Corporation  0.54 $ 2,713.200  Millions$ 5,037.500  Millions
Modular Medical Inc   0.52 $ 1.992  Millions$ 3.845  Millions
Cvrx inc  0.52 $ 39.282  Millions$ 75.947  Millions
Pulmonx Corporation  0.51 $ 59.466  Millions$ 115.951  Millions
Inovio Pharmaceuticals Inc   0.46 $ 53.602  Millions$ 117.349  Millions
Rewalk Robotics Ltd   0.43 $ 16.682  Millions$ 38.972  Millions
Warby Parker Inc   0.43 $ 128.354  Millions$ 301.787  Millions
Nephros Inc   0.42 $ 3.057  Millions$ 7.218  Millions
Koru Medical Systems Inc  0.41 $ 8.107  Millions$ 19.599  Millions
Profound Medical Corp   0.41 $ 12.731  Millions$ 31.180  Millions
Penumbra Inc   0.40 $ 377.361  Millions$ 941.618  Millions
Orchestra Biomed Holdings Inc   0.37 $ 25.482  Millions$ 68.043  Millions

Date modified: 2024-03-13T23:27:54+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com