Ocean Harvest Technology Group Balance Sheet Health
Financial Health criteria checks 6/6
Ocean Harvest Technology Group has a total shareholder equity of €4.0M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €4.9M and €859.0K respectively.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | n/a |
| Cash | €1.07m |
| Equity | €4.04m |
| Total liabilities | €858.99k |
| Total assets | €4.89m |
Financial Position Analysis
Short Term Liabilities: OHT's short term assets (€3.8M) exceed its short term liabilities (€595.4K).
Long Term Liabilities: OHT's short term assets (€3.8M) exceed its long term liabilities (€263.6K).
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 sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: OHT is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.