Opsens Balance Sheet Health
Financial Health criteria checks 5/6
Opsens has a total shareholder equity of CA$33.8M and total debt of CA$1.8M, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are CA$50.8M and CA$17.0M respectively.
Key information
5.4%
Debt to equity ratio
CA$1.83m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$18.10m |
| Equity | CA$33.83m |
| Total liabilities | CA$17.00m |
| Total assets | CA$50.83m |
Recent financial health updates
Opsens (TSE:OPS) Has Debt But No Earnings; Should You Worry?
Jun 08
Is Opsens (TSE:OPS) Weighed On By Its Debt Load?
Feb 22Recent updates
Potential Upside For Opsens Inc. (TSE:OPS) Not Without Risk
Jun 17Opsens (TSE:OPS) Has Debt But No Earnings; Should You Worry?
Jun 08Is Opsens (TSE:OPS) Weighed On By Its Debt Load?
Feb 22Opsens Inc.'s (TSE:OPS) Shift From Loss To Profit
Dec 28
Opsens Inc. (TSE:OPS) Just Reported And Analysts Have Been Lifting Their Price Targets
Nov 23Financial Position Analysis
Short Term Liabilities: OPS's short term assets (CA$38.8M) exceed its short term liabilities (CA$8.8M).
Long Term Liabilities: OPS's short term assets (CA$38.8M) exceed its long term liabilities (CA$8.2M).
Debt to Equity History and Analysis
Debt Level: OPS has more cash than its total debt.
Reducing Debt: OPS's debt to equity ratio has reduced from 6.4% to 5.4% 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: OPS has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if OPS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.