Optegra Ventures Balance Sheet Health
Financial Health criteria checks 2/6
Optegra Ventures has a total shareholder equity of CA$928.1K and total debt of CA$111.4K, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are CA$1.4M and CA$462.0K respectively.
Key information
12.0%
Debt to equity ratio
CA$111.39k
Debt
Interest coverage ratio | n/a |
Cash | CA$39.63k |
Equity | CA$928.11k |
Total liabilities | CA$462.00k |
Total assets | CA$1.39m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OPTG's short term assets (CA$93.2K) do not cover its short term liabilities (CA$462.0K).
Long Term Liabilities: OPTG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: OPTG's net debt to equity ratio (7.7%) is considered satisfactory.
Reducing Debt: OPTG's debt to equity ratio has increased from 0% to 12% 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: OPTG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: OPTG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 19.6% each year