Otto Energy Balance Sheet Health
Financial Health criteria checks 6/6
Otto Energy has a total shareholder equity of $46.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $54.8M and $8.1M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$40.50m |
| Equity | US$46.76m |
| Total liabilities | US$8.07m |
| Total assets | US$54.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OEL's short term assets ($43.1M) exceed its short term liabilities ($2.0M).
Long Term Liabilities: OEL's short term assets ($43.1M) exceed its long term liabilities ($6.1M).
Debt to Equity History and Analysis
Debt Level: OEL is debt free.
Reducing Debt: OEL 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: Whilst unprofitable OEL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: OEL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 46.3% per year.