Ocean Sun Balance Sheet Health
Financial Health criteria checks 6/6
Ocean Sun has a total shareholder equity of NOK38.7M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK45.3M and NOK6.6M respectively.
Key information
0%
Debt to equity ratio
NOK 0
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 37.30m |
| Equity | NOK 38.70m |
| Total liabilities | NOK 6.61m |
| Total assets | NOK 45.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OW7's short term assets (NOK45.3M) exceed its short term liabilities (NOK6.6M).
Long Term Liabilities: OW7 has no long term liabilities.
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 10.3% each year.