Online Blockchain Balance Sheet Health
Financial Health criteria checks 4/6
Online Blockchain has a total shareholder equity of £2.4M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £2.5M and £72.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£366.00k |
Equity | UK£2.41m |
Total liabilities | UK£72.00k |
Total assets | UK£2.48m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OBC's short term assets (£391.0K) exceed its short term liabilities (£72.0K).
Long Term Liabilities: OBC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: OBC is debt free.
Reducing Debt: OBC has no debt compared to 5 years ago when its debt to equity ratio was 5.1%.
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 OBC has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if OBC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.