Otovo Balance Sheet Health
Financial Health criteria checks 4/6
Otovo has a total shareholder equity of NOK778.1M and total debt of NOK263.5M, which brings its debt-to-equity ratio to 33.9%. Its total assets and total liabilities are NOK1.3B and NOK495.8M respectively.
Key information
33.9%
Debt to equity ratio
NOK 263.49m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 433.65m |
| Equity | NOK 778.11m |
| Total liabilities | NOK 495.84m |
| Total assets | NOK 1.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OTOVOO's short term assets (NOK594.3M) exceed its short term liabilities (NOK224.9M).
Long Term Liabilities: OTOVOO's short term assets (NOK594.3M) exceed its long term liabilities (NOK270.9M).
Debt to Equity History and Analysis
Debt Level: OTOVOO has more cash than its total debt.
Reducing Debt: OTOVOO's debt to equity ratio has increased from 11.8% to 33.9% 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: OTOVOO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: OTOVOO has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 44.7% each year.