Ondine Biomedical Balance Sheet Health

Financial Health criteria checks 5/6

Ondine Biomedical has a total shareholder equity of CA$19.0K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$4.0M and CA$4.0M respectively.

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ration/a
CashCA$1.22m
EquityCA$19.00k
Total liabilitiesCA$4.01m
Total assetsCA$4.03m

Recent financial health updates

Recent updates

Is Ondine Biomedical (LON:OBI) In A Good Position To Invest In Growth?

Sep 28
Is Ondine Biomedical (LON:OBI) In A Good Position To Invest In Growth?

Financial Position Analysis

Short Term Liabilities: OBI's short term assets (CA$3.2M) do not cover its short term liabilities (CA$4.0M).

Long Term Liabilities: OBI has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: OBI is debt free.

Reducing Debt: OBI had no debt 5 years ago.


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: OBI has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: OBI is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.


Discover healthy companies