Ontrak Balance Sheet Health
Financial Health criteria checks 4/6
Ontrak has a total shareholder equity of $11.5M and total debt of $8.1M, which brings its debt-to-equity ratio to 70.9%. Its total assets and total liabilities are $22.4M and $10.9M respectively.
Key information
70.9%
Debt to equity ratio
US$8.12m
Debt
| Interest coverage ratio | n/a |
| Cash | US$7.97m |
| Equity | US$11.46m |
| Total liabilities | US$10.94m |
| Total assets | US$22.40m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HY1's short term assets ($10.2M) exceed its short term liabilities ($8.7M).
Long Term Liabilities: HY1's short term assets ($10.2M) exceed its long term liabilities ($2.3M).
Debt to Equity History and Analysis
Debt Level: HY1's net debt to equity ratio (1.3%) is considered satisfactory.
Reducing Debt: HY1 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: HY1 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HY1 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.1% each year