Otovo Balance Sheet Health
Financial Health criteria checks 3/6
Otovo has a total shareholder equity of NOK556.5M and total debt of NOK378.1M, which brings its debt-to-equity ratio to 67.9%. Its total assets and total liabilities are NOK1.1B and NOK587.9M respectively.
Key information
67.9%
Debt to equity ratio
NOK 378.05m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 270.07m |
| Equity | NOK 556.46m |
| Total liabilities | NOK 587.91m |
| Total assets | NOK 1.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 89K's short term assets (NOK399.3M) exceed its short term liabilities (NOK205.7M).
Long Term Liabilities: 89K's short term assets (NOK399.3M) exceed its long term liabilities (NOK382.2M).
Debt to Equity History and Analysis
Debt Level: 89K's net debt to equity ratio (19.4%) is considered satisfactory.
Reducing Debt: 89K's debt to equity ratio has increased from 5.8% to 67.9% 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 39% each year