Ocean Harvest Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
Ocean Harvest Technology Group has a total shareholder equity of €6.0M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €6.4M and €424.3K respectively.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | n/a |
Cash | €2.60m |
Equity | €5.97m |
Total liabilities | €424.28k |
Total assets | €6.39m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OHT's short term assets (€5.7M) exceed its short term liabilities (€424.3K).
Long Term Liabilities: OHT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: OHT is debt free.
Reducing Debt: OHT had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: OHT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: OHT has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 26.9% each year.