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 ratio | n/a |
| Cash | CA$1.22m |
| Equity | CA$19.00k |
| Total liabilities | CA$4.01m |
| Total assets | CA$4.03m |
Recent financial health updates
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.