Optomed Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Optomed Oyj has a total shareholder equity of €24.7M and total debt of €2.6M, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are €32.3M and €7.6M respectively.
Key information
10.6%
Debt to equity ratio
€2.62m
Debt
| Interest coverage ratio | n/a |
| Cash | €10.96m |
| Equity | €24.70m |
| Total liabilities | €7.57m |
| Total assets | €32.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 36U0's short term assets (€16.6M) exceed its short term liabilities (€5.1M).
Long Term Liabilities: 36U0's short term assets (€16.6M) exceed its long term liabilities (€2.5M).
Debt to Equity History and Analysis
Debt Level: 36U0 has more cash than its total debt.
Reducing Debt: 36U0's debt to equity ratio has reduced from 176.9% to 10.6% 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: 36U0 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 36U0 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.