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Inari Medical NARI
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Quarterly report 2024-Q3
added 05-16-2026

Inari Medical Balance Sheet 2023-2011 | NARI

Brief overview of Inari Medical's financial position

This overview follows the five latest available annual observations between 2019 and 2023.

Total assets increased by +1,413.6%, from $44.5 million to $674.2 million. A CAGR near 97.2% points to substantial expansion.

Liability growth of +609.1% trailed asset growth of +1,413.6%. The funding structure became more resilient.

The equity ratio reached 69% from -87.9%. A high capital share reduces dependence on liabilities.

The balance sheet holds more cash than interest-bearing debt; net debt is -$6.5 million, indicating minimal leverage.

The cash share moved from 53.1% to 5.7%. A higher figure generally provides more room in an adverse scenario.

Retained earnings remain negative at -$48.5 million. This may reflect past losses or substantial shareholder distributions, so earnings and buybacks provide important context.

Overall picture

Inari Medical's balance sheet looks resilient: assets are supported by substantial equity, while debt does not overwhelm financial flexibility.

Annual Balance Sheet Inari Medical

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Net Debt

-6.55 M -27.9 M -63.5 M - -4.16 M -12 M - - - - - - -

Long Term Debt

30.4 M 31 M 28.4 M - 19.5 M 9.84 M - - - - - - -

Long Term Debt Current

1.69 M 1.31 M 802 K - - - - - - - - - -

Total Non Current Liabilities

- - - - 74.8 M 64.2 M - - - - - - -

Total Current Liabilities

76.3 M 56.2 M 42.5 M 13.8 M 8.87 M - - - - - - - -

Total Liabilities

209 M 87.2 M 72.3 M 13.8 M 29.5 M 66.3 M - - - - - - -

Retained Earnings

-48.5 M -46.8 M -17.6 M -27.4 M -41.2 M -40.1 M - - - - - - -

Total Assets

674 M 504 M 312 M 214 M 44.5 M 26.9 M - - - - - - -

Cash and Cash Equivalents

38.6 M 60.2 M 92.8 M 114 M 23.6 M 21.9 M - - - - - - -

Book Value

465 M 417 M 239 M 200 M 15 M -39.4 M - - - - - - -

Total Shareholders Equity

465 M 417 M 239 M 200 M -39.1 M -39.4 M - - - - - - -

All numbers in USD currency

Quarterly Balance Sheet Inari Medical

2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Long Term Debt

31.1 M 31.2 M 29.8 M 30.4 M 30.6 M 31.1 M 31.5 M 31 M 30.4 M 28.2 M 28.3 M 28.4 M 28.5 M 156 K 351 K - 19.5 M 29.6 M - 19.5 M 19.5 M 19.5 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Total Liabilities

262 M 249 M 215 M 209 M 96.7 M 89.3 M 79.8 M 87.2 M 72.7 M 70.5 M 65.3 M 72.3 M 58.1 M 31.7 M 21 M 13.8 M 14.3 M 40.5 M 13.8 M 29.5 M 29.5 M 29.5 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Retained Earnings

-122 M -104 M -72.7 M -48.5 M -43.8 M -47 M -49.1 M -46.8 M -41.1 M -30.9 M -20.7 M -17.6 M -18.7 M -15.9 M -20 M -27.4 M -34.4 M -40.9 M -27.4 M -41.2 M -41.2 M -41.2 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Total Assets

697 M 673 M 662 M 674 M 549 M 525 M 507 M 504 M 488 M 484 M 484 M 312 M 292 M 254 M 235 M 214 M 206 M 224 M 214 M 44.5 M 44.5 M 44.5 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Cash and Cash Equivalents

41.1 M 70.1 M 66.7 M 38.6 M 89.2 M 57.8 M 56.6 M 60.2 M 83.5 M 79.7 M 187 M 92.8 M 81.2 M 91.3 M 103 M 114 M 168 M 195 M 114 M 23.6 M 23.6 M 23.6 M - 21.9 M - - - 6.77 M - - - - - - - - - - - - - - - - - - - - - - - - - - -

Book Value

435 M 424 M 447 M 465 M 452 M 436 M 427 M 417 M 415 M 414 M 419 M 239 M 234 M 222 M 214 M 200 M 191 M 184 M 200 M 15 M 15 M 15 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Total Shareholders Equity

435 M 424 M 447 M 465 M 452 M 436 M 427 M 417 M 415 M 414 M 419 M 239 M 234 M 222 M 214 M 200 M 191 M 184 M 200 M -39.1 M -39.1 M -39.1 M -40.2 M -39.4 M - - - -29.5 M - - - - - - - - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

Balance Sheet is a fundamental financial report of Inari Medical, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

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