Ocean Sun Balance Sheet Health
Financial Health criteria checks 5/6
Ocean Sun has a total shareholder equity of NOK33.6M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK37.9M and NOK4.3M respectively.
Key information
0%
Debt to equity ratio
NOK 0
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 31.69m |
| Equity | NOK 33.60m |
| Total liabilities | NOK 4.29m |
| Total assets | NOK 37.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OW7's short term assets (NOK37.9M) exceed its short term liabilities (NOK4.3M).
Long Term Liabilities: OW7's short term assets (NOK37.9M) do not cover its long term liabilities (NOK-1,000.0).
Debt to Equity History and Analysis
Debt Level: OW7 is debt free.
Reducing Debt: OW7 has not had any debt for 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: OW7 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: OW7 has sufficient cash runway for 2.3 years if free cash flow continues to reduce at historical rates of 8.2% each year.