Company name:

IRadimed Corp

  • IPO SHARE PRICE:
    $6.00
  • IPO DATE:
    16 July 2014
  • TICKER:
    IRMD
  • MAIN STOCK EXCHANGE:
    NASDAQ
  • CURRENT HQ LOCATION:
    1025 Willa Springs Drive Winter Springs Florida 32708
  • FISCAL YEAR END:
    December 31
  • INCORPORATION JURISDICTION:
    DE
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

IRadimed Corp

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Balance Sheet

Quarterly Annual
(USD in thousand)
70.5% 6.4% 5.5% 3.5%
Selected Year:
31-Dec
2020
Current Assets
Most valuable part of Current Assets is Cash and Marketable Securities which should be watched carefully; at the same time high and growing level of Accounts Receivables is very dangerous sign
89.7%
70.5% —

Cash and cash equivalents

6.4% —

Accounts Receivable

5.5% —

Inventory

3.5% —

Prepaid income taxes

2.7% —

Short-term passive investments

1.1% —

Prepaid expenses and other current assets

Liquidity
Selected Year:
The most liquid asset, however, most companies don't keep much of it and invest excess cash into marketable securities such as Government bonds - in the US - Treasuries
Cash and cash equivalents
$45,679
$45,679
 $18,206 $28,028 $43,482 $50,069
Short-term passive investments
$45,679
$45,679
 8,135 6,350 2,768 1,909
Accounts Receivable
$45,679
$45,679
 3,779 4,210 7,293 4,575
Inventory
$45,679
$45,679
 4,211 4,059 3,642 3,934
Deferred tax assets
$45,679
-
 - - - -
Prepaid income taxes
$45,679
$45,679
 128 1,368 1,371 2,477
Prepaid expenses and other current assets
$45,679
$45,679
 649 527 408 772
Total current assets
$45,679
$45,679
 $35,108 $44,542 $58,964 $63,736
3.8%
Selected Year:
31-Dec
2020
Non-Current Assets
Non-current assets characterize company's business: high Property, Plant, and Equipment means that company is in capital-intensive industry which typically is very cyclical (earnings fluctuate a lot); watch out for high level of Goodwill and other non-intangibles which is bad sign as they typically worth very low relative to their value shown on the balance sheet
10.3%
3.8% —

Operating lease - right-of-use assets

3.0% —

Property and equipment net

1.8% —

Deferred tax assets

1.4% —

Intangible assets

0.4% —

Other assets non-current
Selected Year:
Property and equipment net
45,679
45,679
 1,869 1,870 2,054 2,120
Operating lease - right-of-use assets
-
-
 - - 2,956 2,715
Deferred tax assets
45,679
45,679
 950 1,089 1,663 1,273
Intangible assets
45,679
45,679
 886 833 860 961
Other assets non-current
-
-
 - - 232 262
Other non-current assets
45,679
45,679
 200 110 232 -
Total non-current assets
45,679
45,679
 3,905 3,901 7,765 7,331
Total assets
45,679
45,679
 $39,013 $48,442 $66,729 $71,067
3.2% 3.5% 53.0% 33.3%
Selected Year:
31-Dec
2020
Current Liabilities
Current Liabilities represent company's short-term dues to others. The most important part to watch for is short-term debt and accounts payables
6.9%
2.7% —

Current portion of deferred revenue

2.4% —

Accrued employee compensation and benefits

0.9% —

Accounts payable

0.4% —

Current portion of Operating leases

0.2% —

Other current liabilities

0.1% —

Other accrued taxes

0.1% —

Warranty reserve
Selected Year:
Accounts payable
$45,679
$45,679
 $657 $772 $994 $657
Accrued employee compensation and benefits
$45,679
$45,679
 1,512 1,802 2,166 1,715
Accrued income taxes
$45,679
$45,679
 13 - - -
Other accrued taxes
$45,679
$45,679
 110 133 597 104
Current portion of deferred revenue
$45,679
$45,679
 1,618 1,799 1,671 1,949
Warranty reserve
$45,679
$45,679
 61 75 82 90
Current portion of Operating leases
-
-
 - - 241 256
Other current liabilities
$45,679
$45,679
 109 108 108 146
Total current liabilities
$45,679
$45,679
 $4,078 $4,690 $5,859 $4,917
Selected Year:
31-Dec
2020
Non-Current Liabilities
The most critical items are revolving credit facility, term loans, and then notes - any forms of debt; in addition, pay attention to items like pension liabilites and leases- hidden debt
6.7%
3.5% —

Operating leases

3.2% —

Deferred revenue
Selected Year:
Deferred revenue
$45,679
$45,679
 2,004 1,807 2,630 2,305
Operating leases
-
-
 - - 2,715 2,459
Total long-term liabilities
$45,679
$45,679
 $2,004 $1,807 $5,345 $4,765
Total Liabilities
$45,679
$45,679
 $6,082 $6,497 $11,204 $9,682
Selected Year:
31-Dec
2020
Equity
It's residue that is owned by shareholders after satisfying all of the liabilities with all of the assets; the larger the amount, the better the business is
86.4%
53.0% —

Retained earnings

33.3% —

Additional paid-in capital

0.1% —

Accumulated other comprehensive income

0.0% —

Common stock
Selected Year:
Common stock
$45,679
$45,679
 $1 $1 $1 $1
Retained earnings
$45,679
$45,679
 20,356 26,669 36,300 37,669
Additional paid-in capital
$45,679
$45,679
 12,623 15,317 19,192 23,677
Accumulated other comprehensive income
-
-
 - - 30 37
Accumulated other comprehensive (loss) income
-
-
 - (42) 30 -
Accumulated other comprehensive loss
$45,679
$45,679
 (49) - - -
Total Equity
$45,679
$45,679
 $32,931 $41,946 $55,524 $61,385
Total Liabilities and Equity
$45,679
$45,679
 $39,013 $48,442 $66,729 $71,067