Ontrak Balance Sheet Health
Financial Health criteria checks 4/6
Ontrak has a total shareholder equity of $21.2M and total debt of $1.6M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are $26.7M and $5.5M respectively.
Key information
7.6%
Debt to equity ratio
US$1.62m
Debt
Interest coverage ratio | n/a |
Cash | US$6.40m |
Equity | US$21.25m |
Total liabilities | US$5.48m |
Total assets | US$26.72m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HY10's short term assets ($9.4M) exceed its short term liabilities ($3.7M).
Long Term Liabilities: HY10's short term assets ($9.4M) exceed its long term liabilities ($1.8M).
Debt to Equity History and Analysis
Debt Level: HY10 has more cash than its total debt.
Reducing Debt: HY10 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: HY10 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HY10 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 16.8% each year