Onward Medical Balance Sheet Health
Financial Health criteria checks 3/6
Onward Medical has a total shareholder equity of €34.3M and total debt of €15.9M, which brings its debt-to-equity ratio to 46.3%. Its total assets and total liabilities are €59.0M and €24.8M respectively.
Key information
46.3%
Debt to equity ratio
€15.85m
Debt
| Interest coverage ratio | n/a |
| Cash | €43.79m |
| Equity | €34.27m |
| Total liabilities | €24.76m |
| Total assets | €59.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ONWDB's short term assets (€46.7M) exceed its short term liabilities (€7.6M).
Long Term Liabilities: ONWDB's short term assets (€46.7M) exceed its long term liabilities (€17.2M).
Debt to Equity History and Analysis
Debt Level: ONWDB has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ONWDB'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: Insufficient data to determine if ONWDB has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ONWDB has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.