Optomed Oyj Balance Sheet Health
Financial Health criteria checks 6/6
Optomed Oyj has a total shareholder equity of €19.2M and total debt of €3.1M, which brings its debt-to-equity ratio to 16.2%. Its total assets and total liabilities are €27.7M and €8.5M respectively.
Key information
16.2%
Debt to equity ratio
€3.12m
Debt
Interest coverage ratio | n/a |
Cash | €5.71m |
Equity | €19.22m |
Total liabilities | €8.46m |
Total assets | €27.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 36U0's short term assets (€11.7M) exceed its short term liabilities (€5.2M).
Long Term Liabilities: 36U0's short term assets (€11.7M) exceed its long term liabilities (€3.2M).
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 189.5% to 16.2% 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: 36U0 has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 12.1% each year.