Optima Health Balance Sheet Health
Financial Health criteria checks 5/6
Optima Health has a total shareholder equity of £165.8M and total debt of £10.0M, which brings its debt-to-equity ratio to 6%. Its total assets and total liabilities are £210.2M and £44.4M respectively. Optima Health's EBIT is £6.3M making its interest coverage ratio 41.3. It has cash and short-term investments of £9.4M.
Key information
6.0%
Debt to equity ratio
UK£10.00m
Debt
| Interest coverage ratio | 41.3x |
| Cash | UK£9.38m |
| Equity | UK£165.76m |
| Total liabilities | UK£44.43m |
| Total assets | UK£210.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OPT's short term assets (£28.1M) exceed its short term liabilities (£17.2M).
Long Term Liabilities: OPT's short term assets (£28.1M) exceed its long term liabilities (£27.2M).
Debt to Equity History and Analysis
Debt Level: OPT's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if OPT's debt to equity ratio has reduced 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: Whilst unprofitable OPT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: OPT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 67.8% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 05:33 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Optima Health plc is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Julie Simmonds | Panmure Liberum |