Oceansix Future Paths Balance Sheet Health
Financial Health criteria checks 1/6
Oceansix Future Paths has a total shareholder equity of $2.5M and total debt of $1.0M, which brings its debt-to-equity ratio to 40.4%. Its total assets and total liabilities are $7.2M and $4.7M respectively.
Key information
40.4%
Debt to equity ratio
US$1.01m
Debt
| Interest coverage ratio | n/a |
| Cash | US$254.00k |
| Equity | US$2.51m |
| Total liabilities | US$4.71m |
| Total assets | US$7.22m |
Financial Position Analysis
Short Term Liabilities: OSIX's short term assets ($1.2M) do not cover its short term liabilities ($2.1M).
Long Term Liabilities: OSIX's short term assets ($1.2M) do not cover its long term liabilities ($2.6M).
Debt to Equity History and Analysis
Debt Level: OSIX's net debt to equity ratio (30.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if OSIX's debt to equity ratio has reduced 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: OSIX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: OSIX has less than a year of cash runway if free cash flow continues to grow at historical rates of 0.4% each year.