Oncimmune Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Oncimmune Holdings has a total shareholder equity of £657.0K and total debt of £5.2M, which brings its debt-to-equity ratio to 786.9%. Its total assets and total liabilities are £8.4M and £7.8M respectively.
Key information
786.9%
Debt to equity ratio
UK£5.17m
Debt
Interest coverage ratio | n/a |
Cash | UK£3.21m |
Equity | UK£657.00k |
Total liabilities | UK£7.78m |
Total assets | UK£8.44m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OCY's short term assets (£5.6M) exceed its short term liabilities (£1.4M).
Long Term Liabilities: OCY's short term assets (£5.6M) do not cover its long term liabilities (£6.4M).
Debt to Equity History and Analysis
Debt Level: OCY's net debt to equity ratio (298.5%) is considered high.
Reducing Debt: OCY's debt to equity ratio has increased from 0% to 786.9% 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: OCY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: OCY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 0.6% each year