OnTheMarket Balance Sheet Health

Financial Health criteria checks 6/6

OnTheMarket has a total shareholder equity of £20.0M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £26.9M and £6.9M respectively. OnTheMarket's EBIT is £1.7M making its interest coverage ratio -16.3. It has cash and short-term investments of £11.5M.

Key information

0%

Debt to equity ratio

UK£0

Debt

Interest coverage ratio-16.3x
CashUK£11.55m
EquityUK£20.00m
Total liabilitiesUK£6.93m
Total assetsUK£26.93m

Recent financial health updates

Recent updates

Why We're Not Concerned About OnTheMarket plc's (LON:OTMP) Share Price

Aug 24
Why We're Not Concerned About OnTheMarket plc's (LON:OTMP) Share Price

OnTheMarket's (LON:OTMP) Promising Earnings May Rest On Soft Foundations

Jun 15
OnTheMarket's (LON:OTMP) Promising Earnings May Rest On Soft Foundations

OnTheMarket (LON:OTMP) Shareholders Have Enjoyed A 92% Share Price Gain

Mar 16
OnTheMarket (LON:OTMP) Shareholders Have Enjoyed A 92% Share Price Gain

Could The OnTheMarket plc (LON:OTMP) Ownership Structure Tell Us Something Useful?

Feb 09
Could The OnTheMarket plc (LON:OTMP) Ownership Structure Tell Us Something Useful?

We're Not Worried About OnTheMarket's (LON:OTMP) Cash Burn

Jan 04
We're Not Worried About OnTheMarket's (LON:OTMP) Cash Burn

The OnTheMarket (LON:OTMP) Share Price Is Up 76% And Shareholders Are Holding On

Nov 30
The OnTheMarket (LON:OTMP) Share Price Is Up 76% And Shareholders Are Holding On

Financial Position Analysis

Short Term Liabilities: OTMP's short term assets (£14.9M) exceed its short term liabilities (£6.6M).

Long Term Liabilities: OTMP's short term assets (£14.9M) exceed its long term liabilities (£291.0K).


Debt to Equity History and Analysis

Debt Level: OTMP is debt free.

Reducing Debt: OTMP 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: Whilst unprofitable OTMP has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: OTMP is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 32.9% per year.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/12/15 19:56
End of Day Share Price 2023/12/12 00:00
Earnings2023/07/31
Annual Earnings2023/01/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

OnTheMarket plc is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David ReynoldsDavy
Fiona Orford-WilliamsEdison Investment Research
Roddy DavidsonShore Capital Group Ltd