Ocular Therapeutix Balance Sheet Health
Financial Health criteria checks 5/6
Ocular Therapeutix has a total shareholder equity of $91.1M and total debt of $74.9M, which brings its debt-to-equity ratio to 82.2%. Its total assets and total liabilities are $252.1M and $160.9M respectively.
Key information
82.2%
Debt to equity ratio
US$74.93m
Debt
Interest coverage ratio | n/a |
Cash | US$195.81m |
Equity | US$91.13m |
Total liabilities | US$160.93m |
Total assets | US$252.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0OT's short term assets ($232.2M) exceed its short term liabilities ($34.9M).
Long Term Liabilities: 0OT's short term assets ($232.2M) exceed its long term liabilities ($126.0M).
Debt to Equity History and Analysis
Debt Level: 0OT has more cash than its total debt.
Reducing Debt: 0OT's debt to equity ratio has increased from 69.1% to 82.2% 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: 0OT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 0OT has sufficient cash runway for 2.9 years if free cash flow continues to reduce at historical rates of 3.4% each year.