KORU Medical Systems, Inc. (KRMD) quarterly balance sheet — complete assets, liabilities & equity history
KORU Medical Systems, Inc. (KRMD) balance sheet — 27-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 19.51M | 20.59M | 19.99M | 19.42M | 17.58M | 19M | 19.13M | 18.93M | 19.37M | 19.48M | 20.26M | 21.69M | 22.54M | 25.21M | 29.8M | 30.74M | 30.97M | 33.93M | 37.32M | 37.66M |
| Cash & Short-Term Investments | 8.29M | 8.77M | 8.87M | 8.46M | 8.05M | 8.74M | 9.58M | 8.81M | 10.46M | 10.82M | 11.48M | 10.77M | 11.72M | 12.22M | 17.41M | 16.44M | 18.27M | 22.58M | 25.33M | 26.23M |
| Cash Only | 8.29M | 8.77M | 8.87M | 8.46M | 8.05M | 8.74M | 9.58M | 8.81M | 10.46M | 10.82M | 11.48M | 10.77M | 11.72M | 12.22M | 17.41M | 16.44M | 18.27M | 22.58M | 25.33M | 26.23M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 6.09M | 6.32M | 6.53M | 5.52M | 5.09M | 6.27M | 6M | 5.24M | 5.85M | 4.68M | 4.05M | 4.05M | 3.64M | 4.16M | 3.56M | 5.07M | 4.08M | 3.15M | 3.59M | 3.12M |
| Days Sales Outstanding | 46.88 | 49.14 | 50.85 | 46.9 | 50.7 | 57.3 | 58.48 | 62.34 | 56.82 | 48.43 | 51.83 | 50.51 | 51.2 | 47.01 | 54.04 | 54.27 | 50.25 | 48.56 | 47.59 | 43.41 |
| Inventory | 4.51M | 4.48M | 3.68M | 4.41M | 3.95M | 3.28M | 2.8M | 3.93M | 2.59M | 3.15M | 3.48M | 4.68M | 5.28M | 6.64M | 6.4M | 6.88M | 6.77M | 6.02M | 6.11M | 6.97M |
| Days Inventory Outstanding | 97.38 | 77.57 | 91.26 | 92.94 | 88.41 | 76.27 | 94.53 | 100.13 | 88.46 | 97.46 | 131.45 | 172.09 | 177.9 | 180.85 | 187.14 | 182.71 | 181.82 | 208.08 | 226.21 | 262.66 |
| Other Current Assets | 0 | 0 | 908.54K | 0 | 0 | 0 | 749.85K | 0 | 0 | 0 | 28.89K | 813.5K | 1.13M | 1.01M | 972.4K | 686.11K | 680.8K | 680.08K | 718.22K | 0 |
| Total Non-Current Assets | 8.45M | 8M | 8.21M | 7.68M | 7.94M | 8.22M | 8.09M | 8.46M | 7.94M | 8.02M | 8.21M | 13.67M | 13.45M | 13.04M | 12.53M | 11.92M | 11.49M | 9.5M | 3.97M | 3.7M |
| Property, Plant & Equipment | 6.69M | 7.19M | 7.43M | 6.9M | 7.14M | 7.4M | 7.26M | 7.62M | 7.09M | 7.18M | 7.35M | 7.37M | 7.44M | 7.61M | 7.67M | 7.52M | 7.36M | 6.07M | 1.2M | 1.29M |
| Fixed Asset Turnover | 1.74x | 1.61x | 1.52x | 1.48x | 1.40x | 1.31x | 1.19x | 1.11x | 1.18x | 1.13x | 0.98x | 0.95x | 0.92x | 0.97x | 0.97x | 1.04x | 0.97x | 1.72x | 5.21x | 4.70x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 1.66M | 711.21K | 684.84K | 681.62K | 698.97K | 716.33K | 730.28K | 746.3K | 745.08K | 737.9K | 754.36K | 758.42K | 772.54K | 782.53K | 787.18K | 798.53K | 791.78K | 795.34K | 808.81K | 821.07K |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 98.97K | 98.97K | 98.97K | 98.97K | 98.97K | 98.97K | 98.97K | 98.97K | 98.97K | 98.97K | 98.97K | 5.54M | 5.24M | 4.64M | 4.07M | 3.61M | 3.34M | 2.63M | 1.96M | 19.81K |
| Total Assets | 27.96M | 28.59M | 28.2M | 27.1M | 25.52M | 27.22M | 27.22M | 27.39M | 27.3M | 27.5M | 28.46M | 35.35M | 36M | 38.25M | 42.33M | 42.67M | 42.46M | 43.43M | 41.29M | 41.36M |
| Asset Turnover | 0.43x | 0.41x | 0.39x | 0.40x | 0.39x | 0.35x | 0.32x | 0.30x | 0.31x | 0.29x | 0.23x | 0.20x | 0.19x | 0.18x | 0.17x | 0.18x | 0.15x | 0.15x | 0.16x | 0.15x |
| Asset Growth % | 9.58% | 5.05% | 3.61% | -1.05% | -6.55% | -1.03% | -4.37% | -22.53% | -24.15% | -28.11% | -32.77% | -17.14% | -15.23% | -11.91% | 2.52% | 3.16% | 4.59% | 2.49% | 3.44% | -8.97% |
| Total Current Liabilities | 7.18M | 8.85M | 8.19M | 7.83M | 6.05M | 7.8M | 7.2M | 6.32M | 5.14M | 4.85M | 4.45M | 4.22M | 4.08M | 4.52M | 6.96M | 6.17M | 5.73M | 4.71M | 4.79M | 4.56M |
| Accounts Payable | 2.91M | 2.64M | 2.27M | 1.87M | 1.09M | 2.01M | 1.65M | 1.67M | 1.6M | 1.77M | 975.19K | 945.62K | 1.57M | 1.5M | 2.39M | 1.37M | 2.39M | 1.27M | 1.23M | 1.39M |
| Days Payables Outstanding | 60.12 | 46.64 | 46.7 | 32.98 | 38.03 | 45.94 | 46.62 | 50.18 | 51.97 | 40.43 | 30.95 | 43.57 | 45.95 | 54 | 52.91 | 50.25 | 52 | 42.83 | 45.21 | 43.22 |
| Short-Term Debt | 0 | 548.05K | 538.36K | 334.93K | 0 | 137.18K | 271.15K | 401.99K | 0 | 159.03K | 314.34K | 466.03K | 0 | 218.4K | 433.3K | 644.73K | 0 | 255.61K | 508.58K | 673.13K |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 11.07K | 5.28M | 5.39M | 2.89K | 104.1K | 110.1K | 29.27K | 181.75K | 447.79K | 1.92M | 512.52K | 500.62K | 263.25K | 261.54K | 257.34K | 357.49K | 240.5K | 115.63K | 90K | 2.04M |
| Current Ratio | 2.72x | 2.33x | 2.44x | 2.48x | 2.91x | 2.44x | 2.66x | 2.99x | 3.77x | 4.01x | 4.55x | 5.14x | 5.53x | 5.57x | 4.28x | 4.98x | 5.40x | 7.20x | 7.79x | 8.26x |
| Quick Ratio | 2.09x | 1.82x | 1.99x | 1.92x | 2.25x | 2.02x | 2.27x | 2.37x | 3.27x | 3.37x | 3.77x | 4.03x | 4.23x | 4.11x | 3.36x | 3.87x | 4.22x | 5.92x | 6.51x | 6.73x |
| Cash Conversion Cycle | 84.14 | 80.07 | 95.41 | 106.85 | 101.09 | 87.63 | 106.39 | 112.29 | 93.31 | 105.47 | 152.32 | 179.04 | 183.15 | 173.86 | 188.27 | 186.73 | 180.07 | 213.81 | 228.59 | 262.84 |
| Total Non-Current Liabilities | 2.73M | 2.82M | 2.96M | 2.8M | 2.94M | 3.07M | 3.2M | 3.33M | 3.46M | 3.53M | 3.65M | 3.7M | 3.82M | 3.93M | 4.05M | 4.01M | 4.11M | 3.91M | 0 | 0 |
| Long-Term Debt | 0 | 2.82M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 2.66M | 0 | 2.96M | 2.8M | 2.94M | 3.07M | 3.2M | 3.33M | 3.46M | 3.53M | 3.65M | 3.7M | 3.82M | 3.93M | 4.05M | 4.01M | 4.11M | 3.91M | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 71.41K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 9.91M | 11.67M | 11.15M | 10.64M | 8.99M | 10.87M | 10.4M | 9.66M | 8.6M | 8.38M | 8.11M | 7.92M | 7.89M | 8.46M | 11.01M | 10.17M | 9.84M | 8.63M | 4.79M | 4.56M |
| Total Debt | 3.24M | 3.37M | 3.5M | 3.67M | 3.47M | 3.73M | 3.99M | 4.24M | 3.97M | 4.17M | 4.45M | 4.63M | 4.27M | 4.6M | 4.93M | 5.06M | 4.54M | 4.56M | 604.14K | 804.77K |
| Net Debt | -5.05M | -5.4M | -5.38M | -4.79M | -4.59M | -5.01M | -5.59M | -4.56M | -6.49M | -6.65M | -7.04M | -6.15M | -7.45M | -7.62M | -12.48M | -11.38M | -13.73M | -18.01M | -24.73M | -25.43M |
| Debt / Equity | 0.18x | 0.20x | 0.21x | 0.22x | 0.21x | 0.23x | 0.24x | 0.24x | 0.21x | 0.22x | 0.22x | 0.17x | 0.15x | 0.15x | 0.16x | 0.16x | 0.14x | 0.13x | 0.02x | 0.02x |
| Debt / EBITDA | 3.87x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | -6.03x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -2137.06x | -556.09x | -465.83x |
| Total Equity | 18.05M | 16.92M | 17.05M | 16.46M | 16.53M | 16.35M | 16.81M | 17.73M | 18.7M | 19.12M | 20.35M | 27.43M | 28.1M | 29.8M | 31.33M | 32.49M | 32.62M | 34.8M | 36.5M | 36.8M |
| Equity Growth % | 9.23% | 3.53% | 1.39% | -7.15% | -11.65% | -14.5% | -17.39% | -35.35% | -33.44% | -35.84% | -35.03% | -15.58% | -13.86% | -14.38% | -14.18% | -11.7% | -12.46% | -7.89% | 0.95% | -7.87% |
| Book Value per Share | 0.36 | 0.36 | 0.37 | 0.36 | 0.36 | 0.36 | 0.37 | 0.39 | 0.41 | 0.42 | 0.45 | 0.60 | 0.62 | 0.66 | 0.69 | 0.72 | 0.73 | 0.78 | 0.82 | 0.83 |
| Total Shareholders' Equity | 18.05M | 16.92M | 17.05M | 16.46M | 16.53M | 16.35M | 16.81M | 17.73M | 18.7M | 19.12M | 20.35M | 27.43M | 28.1M | 29.8M | 31.33M | 32.49M | 32.62M | 34.8M | 36.5M | 36.8M |
| Common Stock | 501.72K | 499.33K | 497.91K | 497.14K | 496.56K | 495.62K | 493.78K | 492.76K | 492.4K | 491.44K | 490.9K | 490.6K | 490.34K | 489.61K | 488.62K | 486.57K | 484.08K | 481.21K | 480.44K | 479.32K |
| Retained Earnings | -32.57M | -32.82M | -32.02M | -31.53M | -30.75M | -30.55M | -29.38M | -27.82M | -26.24M | -25.25M | -23.31M | -15.85M | -14.48M | -11.98M | -9.57M | -7.59M | -6.37M | -3.45M | -910.07K | 158.29K |
| Treasury Stock | -6.41M | -5.55M | -3.88M | -3.88M | -3.88M | -3.88M | -3.88M | -3.88M | -3.88M | -3.84M | -3.84M | -3.84M | -3.84M | -3.84M | -3.84M | -3.84M | -3.84M | -3.84M | -3.84M | -3.84M |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |