Ocugen Balance Sheet Health
Financial Health criteria checks 6/6
Ocugen has a total shareholder equity of $40.6M and total debt of $2.9M, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are $61.9M and $21.3M respectively.
Key information
7.1%
Debt to equity ratio
US$2.89m
Debt
| Interest coverage ratio | n/a |
| Cash | US$38.70m |
| Equity | US$40.63m |
| Total liabilities | US$21.31m |
| Total assets | US$61.94m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2H51's short term assets ($40.7M) exceed its short term liabilities ($15.8M).
Long Term Liabilities: 2H51's short term assets ($40.7M) exceed its long term liabilities ($5.5M).
Debt to Equity History and Analysis
Debt Level: 2H51 has more cash than its total debt.
Reducing Debt: 2H51 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: 2H51 has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 2H51 is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.