Optiscan Imaging Balance Sheet Health
Financial Health criteria checks 6/6
Optiscan Imaging has a total shareholder equity of A$13.9M and total debt of A$40.3K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are A$15.6M and A$1.8M respectively.
Key information
0.3%
Debt to equity ratio
AU$40.30k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$11.23m |
| Equity | AU$13.87m |
| Total liabilities | AU$1.76m |
| Total assets | AU$15.63m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OIL's short term assets (A$15.1M) exceed its short term liabilities (A$1.8M).
Long Term Liabilities: OIL's short term assets (A$15.1M) exceed its long term liabilities (A$7.9K).
Debt to Equity History and Analysis
Debt Level: OIL has more cash than its total debt.
Reducing Debt: OIL's debt to equity ratio has reduced from 7.1% to 0.3% over the past 5 years.
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: OIL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: OIL has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 24.7% each year.