Ocean Power Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Ocean Power Technologies has a total shareholder equity of $22.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $29.2M and $6.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.18m |
| Equity | US$22.31m |
| Total liabilities | US$6.87m |
| Total assets | US$29.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RUOC's short term assets ($11.1M) exceed its short term liabilities ($5.1M).
Long Term Liabilities: RUOC's short term assets ($11.1M) exceed its long term liabilities ($1.7M).
Debt to Equity History and Analysis
Debt Level: RUOC is debt free.
Reducing Debt: RUOC had no debt 5 years ago.
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: RUOC has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: RUOC is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.