Otovo Balance Sheet Health
Financial Health criteria checks 3/6
Otovo has a total shareholder equity of NOK778.1M and total debt of NOK263.5M, which brings its debt-to-equity ratio to 33.9%. Its total assets and total liabilities are NOK1.3B and NOK495.8M respectively.
Key information
33.9%
Debt to equity ratio
kr263.49m
Debt
| Interest coverage ratio | n/a |
| Cash | kr433.65m |
| Equity | kr778.11m |
| Total liabilities | kr495.84m |
| Total assets | kr1.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 89K's short term assets (NOK594.3M) exceed its short term liabilities (NOK224.9M).
Long Term Liabilities: 89K's short term assets (NOK594.3M) exceed its long term liabilities (NOK270.9M).
Debt to Equity History and Analysis
Debt Level: 89K has more cash than its total debt.
Reducing Debt: 89K's debt to equity ratio has increased from 11.8% to 33.9% 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: 89K has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 89K has less than a year of cash runway if free cash flow continues to reduce at historical rates of 44.7% each year