BIMI International Medical Inc. (BIMI) Balance Sheet
BIMI balance sheet, 2022
December 31, 2022 · U.S. dollars$35.7M assets = $30.5M liabilities + $5.2M equity
Both columns are drawn to the same scale: what BIMI owns equals what it owes plus shareholders’ equity. Hover a block for its value.
BIMI financial health
Descriptive bands, not a rating. Fiscal 2022.
BIMI balance sheet trends, 2013–2022
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $42.7M2013 | $35.7M2022 | −2.0%/yr | |
| Total liabilities | $10.8M2013 | $30.5M2022 | +12.2%/yr | |
| Shareholders’ equity | $31.9M2013 | $4.0M2022 | −20.5%/yr | |
| Cash & short-term investments | $1.0M2013 | $2.3M2022 | +9.6%/yr | |
| Total debt | $8.4M2013 | $5.5M2022 | −4.6%/yr | |
| Net cash (debt) | −$7.3M2013 | −$3.1M2022 | +$4.2M | |
| Working capital | $1.7M2013 | −$2.1M2022 | −$3.8M | |
| Current ratio | 1.162013 | 0.922022 | −0.24 | |
| Debt / equity | 0.262013 | 1.352022 | +1.09 |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
BIMI assets
BIMI liabilities and equity
BIMI debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
BIMI balance sheet
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $2.3M | $4.6M | $135,309 | $36,363 | $197,356 | $282,154 | $124,637 | $434,571 | $1.3M | $1.0M |
| Cash & equivalents | $2.3M | $4.8M | $135,309 | $36,363 | $17,860 | $282,154 | $124,637 | $434,571 | $1.3M | $1.0M |
| Receivables | $4.2M | $6.1M | $8.3M | $10,095 | $1.3M | $16.4M | $7.3M | $8.3M | $9.1M | $5.8M |
| Inventory | $7.7M | $5.1M | $735,351 | $707,526 | $937,966 | $2.1M | $4.6M | $7.1M | $5.6M | $2.6M |
| Other current assets | $9.1M | $5.3M | $16.0M | $21.3M | $131,442 | $0 | $3.1M | $3.8M | $2.8M | $3.1M |
| Total current assets | $23.2M | $21.2M | $25.2M | $22.0M | $2.6M | $18.8M | $15.1M | $19.6M | $18.8M | $12.5M |
| Property, plant & equipment (net) | $4.6M | $8.4M | $910,208 | $38,641 | $0 | $22.7M | $17.1M | $10.6M | $26.7M | $27.1M |
| Goodwill & intangible assets | $2.1M | $8.4M | $6.9M | $8.0M | $2.5M | $2.7M | $2.6M | $2.8M | $2.7M | $3.1M |
| Long-term investments | $1.8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $4.0M | $207,549 | $193,211 | $0 | $18.0M | $0 | $2.5M | $11.4M | $56,306 | $0 |
| Total assets | $35.7M | $38.1M | $33.2M | $30.1M | $23.1M | $41.4M | $37.3M | $44.4M | $48.3M | $42.7M |
| Liabilities | ||||||||||
| Accounts payable | $10.8M | $5.2M | $5.9M | $3.2M | $7.2M | $4.0M | $3.4M | $4.9M | $5.8M | $1.1M |
| Short-term debt | $2.6M | $6.8M | $4.3M | $107,383 | $5.8M | $7.2M | $5.8M | $8.1M | $10.0M | $8.4M |
| Deferred revenue | $923,131 | $1.9M | $194,086 | $67,975 | — | $513,382 | $487,175 | $177,718 | $1.1M | $72,502 |
| Total current liabilities | $25.4M | $22.1M | $15.6M | $21.5M | $13.1M | $14.1M | $10.6M | $14.0M | $17.0M | $10.8M |
| Long-term debt | $314,786 | $538,006 | $720,997 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $3.1M | $5.1M | $45,520 | $0 | — | — | — | — | — | — |
| Other long-term liabilities | $4.8M | $4.2M | $22,457 | $817,285 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total liabilities | $30.5M | $26.8M | $16.3M | $21.5M | $13.1M | $14.1M | $10.6M | $14.0M | $17.0M | $10.8M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $3,765 | $8,502 | $2,651 | $9,073 | $7,573 | $7,073 | $7,073 | $6,553 | $5,719 | $5,619 |
| Retained earnings (deficit) | −$70.1M | −$47.9M | −$12.9M | −$10.9M | −$6.4M | $10.3M | $11.9M | $13.7M | $14.7M | $17.5M |
| Accumulated other comprehensive income | $24,583 | $3.9M | $3.3M | $3.9M | $2.0M | $4.8M | $3.1M | $5.0M | $6.7M | $4.7M |
| Minority interest | $1.2M | $142,997 | $183,021 | −$170,050 | −$150,311 | $49,044 | — | — | — | — |
| Total shareholders' equity | $4.0M | $11.2M | $16.7M | $8.7M | $10.0M | $27.2M | $26.7M | $30.4M | $31.3M | $31.9M |
| Key figures | ||||||||||
| Total debt | $5.5M | $8.7M | $5.0M | $107,383 | $5.8M | $7.2M | $5.8M | $8.1M | $10.0M | $8.4M |
| Net cash (debt) | −$3.1M | −$4.1M | −$4.9M | −$71,020 | −$5.6M | −$6.9M | −$5.6M | −$7.6M | −$8.6M | −$7.3M |
| Working capital | −$2.1M | −$932,493 | $9.6M | $500,765 | −$10.5M | $4.6M | $4.5M | $5.6M | $1.9M | $1.7M |
| Tangible book value | $2.0M | $2.8M | $9.8M | $709,456 | $7.5M | $24.6M | $24.2M | $27.6M | $28.6M | $28.8M |
| Book value per share | — | — | — | — | $1.32 | — | — | — | — | — |
| Shares outstanding | — | — | — | — | 7.6M | — | — | — | — | — |
| Current ratio | 0.92 | 0.96 | 1.62 | 1.02 | 0.20 | 1.33 | 1.42 | 1.40 | 1.11 | 1.16 |
| Quick ratio | 0.26 | 0.48 | 0.54 | 0.00 | 0.12 | 1.18 | 0.70 | 0.62 | 0.61 | 0.63 |
| Debt / equity | 1.35 | 0.78 | 0.30 | 0.01 | 0.58 | 0.27 | 0.22 | 0.27 | 0.32 | 0.26 |
| Equity / assets | 11.3% | 29.4% | 50.3% | 28.9% | 43.3% | 65.8% | 71.6% | 68.5% | 64.9% | 74.7% |
| Sep '23 | Jun '23 | Mar '23 | Dec '22 | Sep '22 | Jun '22 | Mar '22 | Dec '21 | Sep '21 | Jun '21 | Mar '21 | Dec '20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $994,131 | $1.9M | $1.7M | $2.3M | $1.0M | $5.0M | $1.6M | $4.8M | $209,803 | $626,554 | $2.8M | $135,309 |
| Cash & equivalents | $994,131 | $1.9M | $1.7M | $2.3M | $1.0M | $5.0M | $1.6M | $4.8M | $209,803 | $626,554 | $2.8M | $135,309 |
| Receivables | $5.4M | $6.4M | $4.8M | $3.2M | $9.2M | $8.7M | $10.3M | $8.4M | $12.8M | $9.6M | $7.4M | $8.3M |
| Inventory | $7.1M | $7.2M | $8.5M | $7.7M | $1.2M | $3.0M | $2.2M | $5.8M | $2.1M | $5.1M | $3.6M | $735,351 |
| Other current assets | $10.9M | $10.5M | $9.9M | $10.0M | $5.9M | $7.4M | $7.9M | $2.2M | $11.2M | $10.3M | $7.9M | $16.0M |
| Total current assets | $24.4M | $26.0M | $25.0M | $23.2M | $17.4M | $24.2M | $22.1M | $21.2M | $26.3M | $25.6M | $21.7M | $25.2M |
| Property, plant & equipment (net) | $4.6M | $4.5M | $4.8M | $4.6M | $6.9M | $7.4M | $8.1M | $0 | $6.1M | $6.3M | $3.3M | $910,208 |
| Goodwill & intangible assets | $2.5M | $2.5M | $2.6M | $2.1M | $8.4M | $8.4M | $8.4M | $8.4M | $30.5M | $30.5M | $24.5M | $6.9M |
| Long-term investments | $0 | $0 | $0 | $1.8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $3.6M | $3.6M | $3.9M | $4.0M | $366,382 | $197,167 | $208,448 | $8.6M | $204,181 | $184,243 | $181,451 | $193,211 |
| Total assets | $35.0M | $36.7M | $36.3M | $35.7M | $33.0M | $40.2M | $38.7M | $38.1M | $63.1M | $62.6M | $49.7M | $33.2M |
| Liabilities | ||||||||||||
| Accounts payable | $10.4M | $9.6M | $10.1M | $10.8M | $4.2M | $5.8M | $6.6M | $7.3M | $13.5M | $10.9M | $10.2M | $5.9M |
| Short-term debt | $2.0M | — | $2.4M | — | $3.1M | $3.4M | $3.6M | — | $7.3M | $2.4M | $7.3M | $4.3M |
| Deferred revenue | $761,759 | — | $1.1M | — | $1.5M | $2.3M | $2.4M | — | $392,485 | $3.4M | $529,279 | $194,086 |
| Total current liabilities | $20.2M | $19.4M | $22.6M | $25.4M | $18.9M | $21.5M | $20.7M | $22.1M | $24.2M | $27.7M | $23.5M | $15.6M |
| Long-term debt | $24,374 | $126,284 | $160,077 | $314,786 | $475,049 | $471,519 | $528,911 | $538,006 | $794,538 | $924,071 | $425,592 | $720,997 |
| Lease obligations | $3.2M | $3.1M | $3.3M | $3.1M | $4.3M | $4.7M | $5.0M | $5.1M | $4.0M | $4.2M | $1.8M | $45,520 |
| Other long-term liabilities | $4.7M | $4.6M | $4.9M | $4.8M | $3.4M | $3.8M | $4.1M | $4.2M | $3.3M | $3.4M | $1.4M | $22,457 |
| Total liabilities | $24.9M | $24.1M | $27.7M | $30.5M | $22.8M | $25.8M | $25.3M | $26.8M | $28.3M | $32.0M | $25.3M | $16.3M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $6,673 | — | $4,035 | — | $38,435 | $22,859 | $10,359 | $8,502 | $32,423 | $24,794 | $20,131 | $13,254 |
| Retained earnings (deficit) | −$71.4M | −$68.3M | −$71.0M | −$70.1M | −$58.5M | −$54.6M | −$50.6M | −$45.6M | −$18.2M | −$16.5M | −$16.2M | −$12.9M |
| Accumulated other comprehensive income | −$1.1M | — | $1.2M | — | $2.5M | $2.9M | $3.3M | — | $3.1M | $3.3M | $3.1M | $3.3M |
| Minority interest | — | — | — | — | — | — | — | — | — | $251,383 | $219,409 | $183,021 |
| Total shareholders' equity | $8.7M | $10.9M | $7.6M | $4.0M | $9.8M | $14.2M | $13.3M | $11.2M | $34.5M | $30.4M | $24.3M | $16.7M |
| Key figures | ||||||||||||
| Total debt | $4.5M | $126,284 | $5.2M | $314,786 | $12.6M | $13.4M | $12.4M | $538,006 | $11.4M | $10.1M | $10.6M | $5.0M |
| Net cash (debt) | −$3.5M | $1.8M | −$3.4M | $2.0M | −$11.6M | −$8.3M | −$10.8M | $4.3M | −$11.2M | −$9.5M | −$7.7M | −$4.9M |
| Working capital | $4.2M | $6.6M | $2.4M | −$2.1M | −$1.5M | $2.7M | $1.4M | −$932,493 | $2.1M | −$2.0M | −$1.8M | $9.6M |
| Tangible book value | $6.2M | $8.4M | $5.0M | $2.0M | $1.4M | $5.8M | $4.9M | $2.8M | $4.1M | −$70,600 | −$273,186 | $9.8M |
| Book value per share | $1.35 | $1.74 | $1.98 | $1.08 | $2.69 | — | — | $1.32 | — | — | — | — |
| Shares outstanding | 6.4M | 6.3M | 3.8M | 3.8M | 3.6M | — | — | 8.5M | — | — | — | — |
| Current ratio | 1.21 | 1.34 | 1.10 | 0.92 | 0.92 | 1.12 | 1.07 | 0.96 | 1.09 | 0.93 | 0.93 | 1.62 |
| Quick ratio | 0.32 | 0.43 | 0.29 | 0.22 | 0.54 | 0.64 | 0.58 | 0.60 | 0.54 | 0.37 | 0.43 | 0.54 |
| Debt / equity | 0.51 | 0.01 | 0.68 | 0.08 | 1.29 | 0.94 | 0.93 | 0.05 | 0.33 | 0.33 | 0.44 | 0.30 |
| Equity / assets | 24.8% | 29.7% | 21.0% | 11.3% | 29.7% | 35.2% | 34.2% | 29.4% | 54.7% | 48.5% | 48.8% | 50.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed May 4, 2023); data from EODHD.
BIMI financial position
At the end of fiscal 2022 (December 31, 2022), BIMI International Medical had total assets of $35.7 million (down 6.3% from a year earlier), total liabilities of $30.5 million and shareholders' equity of $4.0 million. It held $2.3 million in cash and short-term investments against $5.5 million of debt, net debt of $3.1 million. Its current ratio was 0.92. In the latest quarter (ended September 30, 2023) total assets were $35.0 million and equity $8.7 million.
Related: BIMI income statement, BIMI cash flow statement, BIMI key metrics. See the BIMI stock overview for the latest quote and news.
BIMI balance sheet FAQ
What are BIMI International Medical's total assets?
BIMI International Medical reported total assets of $35.7 million at the end of fiscal 2022 (December 31, 2022), compared with $38.1 million a year earlier.
How much debt does BIMI International Medical have?
BIMI International Medical had $5.5 million of total debt at the end of fiscal 2022, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.35.
How much cash does BIMI International Medical have?
BIMI International Medical held $2.3 million in cash and short-term investments at the end of fiscal 2022; with $5.5 million of debt that is net debt of $3.1 million.
What is BIMI International Medical's book value?
BIMI International Medical's shareholders' equity (book value) was $4.0 million at the end of fiscal 2022.
What is BIMI International Medical's current ratio?
BIMI International Medical had current assets of $23.2 million and current liabilities of $25.4 million, a current ratio of 0.92 (current liabilities exceed current assets).
How much goodwill does BIMI International Medical have?
BIMI International Medical carried $2.1 million of goodwill and intangible assets, 5.8% of total assets, at the end of fiscal 2022.