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Oventus Medical Balance Sheet Health
Financial Health criteria checks 4/6
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$4.35m |
Equity | AU$7.99m |
Total liabilities | AU$1.87m |
Total assets | AU$9.86m |
Recent financial health updates
Is Oventus Medical (ASX:OVN) In A Good Position To Invest In Growth?
May 09Is Oventus Medical (ASX:OVN) In A Good Position To Invest In Growth?
Jan 24Recent updates
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Oventus Medical Limited's (ASX:OVN) CEO For Now
Nov 11Is Oventus Medical (ASX:OVN) In A Good Position To Invest In Growth?
May 09Is Oventus Medical (ASX:OVN) In A Good Position To Invest In Growth?
Jan 24Loss-Making Oventus Medical Limited (ASX:OVN) Expected To Breakeven In The Medium-Term
Nov 30Financial Position Analysis
Short Term Liabilities: OVN's short term assets (A$5.7M) exceed its short term liabilities (A$1.6M).
Long Term Liabilities: OVN's short term assets (A$5.7M) exceed its long term liabilities (A$296.8K).
Debt to Equity History and Analysis
Debt Level: OVN is debt free.
Reducing Debt: OVN 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: OVN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: OVN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 7% each year