Optiva Balance Sheet Health
Financial Health criteria checks 2/6
Optiva has a total shareholder equity of $-39.3M and total debt of $101.3M, which brings its debt-to-equity ratio to -258%. Its total assets and total liabilities are $84.3M and $123.6M respectively.
Key information
-258.0%
Debt to equity ratio
US$101.35m
Debt
| Interest coverage ratio | n/a |
| Cash | US$19.64m |
| Equity | -US$39.29m |
| Total liabilities | US$123.60m |
| Total assets | US$84.31m |
Recent financial health updates
No updates
Recent updates
There's No Escaping Optiva Inc.'s (TSE:OPT) Muted Revenues Despite A 53% Share Price Rise
Feb 04
Benign Growth For Optiva Inc. (TSE:OPT) Underpins Stock's 50% Plummet
Dec 21The Return Trends At Optiva (TSE:OPT) Look Promising
Jul 27Benign Growth For Optiva Inc. (TSE:OPT) Underpins Stock's 38% Plummet
Jun 30Is There Now An Opportunity In Optiva Inc. (TSE:OPT)?
Jun 27Optiva (TSE:OPT) Shareholders Will Want The ROCE Trajectory To Continue
Jan 25Why Optiva Inc. (TSE:OPT) Could Be Worth Watching
Nov 03Financial Position Analysis
Short Term Liabilities: OPT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: OPT has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: OPT has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: OPT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: OPT has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: OPT has sufficient cash runway for 2.2 years if free cash flow continues to grow at historical rates of 55.3% each year.