Optical Cable Balance Sheet Health
Financial Health criteria checks 3/6
Optical Cable has a total shareholder equity of $23.3M and total debt of $10.1M, which brings its debt-to-equity ratio to 43.4%. Its total assets and total liabilities are $40.5M and $17.1M respectively.
Key information
43.4%
Debt to equity ratio
US$10.13m
Debt
Interest coverage ratio | n/a |
Cash | US$220.98k |
Equity | US$23.35m |
Total liabilities | US$17.15m |
Total assets | US$40.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OCC's short term assets ($31.8M) exceed its short term liabilities ($6.7M).
Long Term Liabilities: OCC's short term assets ($31.8M) exceed its long term liabilities ($10.4M).
Debt to Equity History and Analysis
Debt Level: OCC's net debt to equity ratio (42.4%) is considered high.
Reducing Debt: OCC's debt to equity ratio has reduced from 47.5% to 43.4% 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: Insufficient data to determine if OCC has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if OCC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.