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Utah Medical Products logo
Utah Medical Products UTMD
$ 74.79 0.11%
report update icon

Quarterly report 2026-Q2
added 08-12-2026

Utah Medical Products Balance Sheet 2025-2008 | UTMD

Brief balance sheet overview of Utah Medical Products

The review uses the five latest available annual reports between 2021 and 2025.

The asset base gained +6%, from $115.6 million to $122.5 million; average annual growth of 1.5% remained moderate.

Liabilities increased less than assets, posting -61.5% versus +6%. That relationship usually strengthens the balance sheet.

Equity accounts for 97.3% of assets. Against the initial 92.7%, the capital position looks resilient.

The cash reserve occupies 70% of the balance sheet, previously 52.7%. It is one marker of short-term resilience.

By the end of the period, accumulated earnings were $128.7 million; the change from the start was +11.6%.

Conclusion

Utah Medical Products's balance sheet is broadly resilient, though selected areas require monitoring. The balance between assets, equity and liabilities remains the key issue.

Annual Balance Sheet Utah Medical Products

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008

Net Debt

- - - - -60.6 M -51.3 M -42.4 M -51.1 M -39.9 M -26.3 M -23.3 M -14.4 M -5.28 M 4.13 M 15.1 M - - -

Long Term Debt

- - - - 396 K - - - - - - 973 K 5.06 M 9 M 16.2 M - - -

Long Term Debt Current

60 K 56 K 47 K 54 K - - - - - - - - - - - - - -

Total Non Current Liabilities

- - - - - - 5.25 M 5.52 M 9.34 M 4.32 M 5.46 M 7.55 M 12.5 M 18.1 M 26 M - - -

Total Current Liabilities

2.6 M 3.76 M 4.71 M 5.96 M 3.74 M 3.79 M 3.45 M 5.26 M 5.28 M 3.02 M 4.07 M 8.97 M 7.61 M 7.82 M 9.63 M 1.9 M - -

Total Liabilities

3.27 M 5.11 M 7.14 M 9.62 M 8.5 M 8.92 M 8.69 M 10.8 M 14.6 M 7.34 M 9.53 M 16.5 M 20.1 M 26 M 35.6 M 3.45 M - -

Retained Earnings

129 M 129 M 138 M 126 M 115 M 111 M 111 M 100 M 85.6 M 81.1 M 72.9 M 64.9 M 57.2 M 49.5 M 42.9 M 38.9 M - -

Total Assets

123 M 123 M 135 M 124 M 116 M 112 M 110 M 99.8 M 92.7 M 76.6 M 79.2 M 81.1 M 80.7 M 76.9 M 76.4 M 41.2 M - -

Cash and Cash Equivalents

85.8 M 83 M 92.9 M 75.1 M 61 M 51.6 M 42.8 M 51.1 M 39.9 M 26.3 M 23.3 M 19.3 M 14.4 M 8.87 M 6.53 M 3.82 M 410 K 97 K

Book Value

119 M 117 M 128 M 114 M 107 M 103 M 101 M 89 M 78.1 M 69.2 M 69.6 M 64.6 M 60.6 M 51 M 40.8 M 37.8 M - -

Total Shareholders Equity

119 M 117 M 128 M 114 M 107 M 103 M 101 M 89 M 78.1 M 69.2 M 69.6 M 64.6 M 60.6 M 51 M 40.8 M 37.8 M - -

All numbers in USD currency

Quarterly Balance Sheet Utah Medical Products

2026-Q2 2026-Q1 2025-Q4 2025-Q3 2025-Q2 2025-Q1 2024-Q4 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

225 K 210 K 226 K - - 269 K 282 K 299 K 275 K - 295 K 305 K 315 K 328 K 341 K 354 K 368 K 382 K 396 K 343 K 322 K 329 K - 335 K 335 K 335 K - 376 K 376 K 376 K - - - - - - - - - - - - 1.01 K - - - 5.06 K - - - 9 K - - - - - - - - - - -

Total Liabilities

3.27 M 4.01 M 5.11 M 3.72 M 3.27 M 5.47 M 5.11 M 5.5 M 5.98 M - 7.14 M 7.54 M 8.71 M 9.75 M 9.62 M 10.2 M 8.68 M 10.6 M 8.5 M 9.77 M 9.43 M 9.5 M 8.92 M 8.92 M 8.92 M 8.92 M 8.69 M 8.69 M 8.69 M 8.69 M 10.8 M 10.8 M 10.8 M 10.8 M 14.6 M 14.6 M 14.6 M 14.6 M 6.95 M 7.34 M 7.34 M 7.34 M 9.53 M 9.53 M 9.53 M 9.53 M 16.5 M 16.5 M 16.5 M 16.5 M 20.1 M 20.1 M 20.1 M 20.1 M 26 M 26 M 26 M 26 M 35.6 M 35.6 M 35.6 M 35.6 M

Retained Earnings

129 M 130 M 129 M 128 M 127 M 128 M 129 M 134 M 135 M - 138 M 135 M 132 M 129 M 126 M 123 M 119 M 118 M 115 M 118 M 115 M 113 M 111 M 111 M 111 M 111 M 111 M 111 M 111 M 111 M 100 M 100 M 100 M 100 M 85.6 M 85.6 M 85.6 M 85.6 M 81.1 M 81.1 M 81.1 M 81.1 M 72.9 M 72.9 M 72.9 M 72.9 M 64.9 M 64.9 M 64.9 M 64.9 M 57.2 M 57.2 M 57.2 M 57.2 M 49.5 M 49.5 M 49.5 M 49.5 M 42.9 M 42.9 M 42.9 M 42.9 M

Total Assets

123 M 124 M 123 M 122 M 121 M 123 M 123 M 130 M 130 M - 135 M 131 M 130 M 128 M 124 M 118 M 116 M 120 M 116 M 120 M 117 M 114 M 112 M 112 M 112 M 112 M 110 M 110 M 110 M 110 M 99.8 M 99.8 M 99.8 M 99.8 M 92.7 M 92.7 M 92.7 M 92.7 M 76.2 M 76.6 M 76.6 M 76.6 M 79.2 M 79.2 M 79.2 M 79.2 M 81.1 M 81.1 M 81.1 M 81.1 M 80.7 M 80.7 M 80.7 M 80.7 M 76.9 M 76.9 M 76.9 M 76.9 M 76.4 M 76.4 M 76.4 M 76.4 M

Cash and Cash Equivalents

83 M 87.4 M 75.1 M 84.3 M 82.2 M 83.3 M 83 M 88.5 M 89.2 M 93.8 M 92.9 M 88.2 M 84.6 M 80.9 M 75.1 M 69.5 M 66.2 M 65.9 M 61 M 64.3 M 59.5 M 56 M 51.6 M 51.6 M 51.6 M 51.6 M 42.8 M 42.8 M 42.8 M 42.8 M 51.1 M 51.1 M 51.1 M 51.1 M 39.9 M 39.9 M 39.9 M 39.9 M 26.3 M 26.3 M 26.3 M 26.3 M 23.3 M 23.3 M 23.3 M 23.3 M 19.3 M 19.3 M 19.3 M 19.3 M 14.4 M 14.4 M 14.4 M 14.4 M 8.87 M 8.87 M 8.87 M 8.87 M 6.53 M 6.53 M 6.53 M 6.53 M

Book Value

119 M 120 M 117 M 118 M 118 M 117 M 117 M 124 M 124 M - 128 M 124 M 122 M 118 M 114 M 108 M 107 M 109 M 107 M 110 M 107 M 105 M 103 M 103 M 103 M 103 M 101 M 101 M 101 M 101 M 89 M 89 M 89 M 89 M 78.1 M 78.1 M 78.1 M 78.1 M 69.2 M 69.2 M 69.2 M 69.2 M 69.6 M 69.6 M 69.6 M 69.6 M 64.6 M 64.6 M 64.6 M 64.6 M 60.6 M 60.6 M 60.6 M 60.6 M 51 M 51 M 51 M 51 M 40.8 M 40.8 M 40.8 M 40.8 M

Total Shareholders Equity

117 M 120 M 114 M 118 M 118 M 117 M 117 M 124 M 124 M 128 M 128 M 124 M 122 M 118 M 114 M 108 M 107 M 109 M 107 M 110 M 107 M 105 M 103 M 103 M 103 M 103 M 101 M 101 M 101 M 101 M 89 M 89 M 89 M 89 M 78.1 M 78.1 M 78.1 M 78.1 M 69.2 M 69.2 M 69.2 M 69.2 M 69.6 M 69.6 M 69.6 M 69.6 M 64.6 M 64.6 M 64.6 M 64.6 M 60.6 M 60.6 M 60.6 M 60.6 M 51 M 51 M 51 M 51 M 40.8 M 40.8 M 40.8 M 40.8 M

All numbers in USD currency

Balance Sheet is a fundamental financial report of Utah Medical Products, 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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