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 |
| Cash | UK£11.55m |
| Equity | UK£20.00m |
| Total liabilities | UK£6.93m |
| Total assets | UK£26.93m |
Recent financial health updates
Recent updates
Why We're Not Concerned About OnTheMarket plc's (LON:OTMP) Share Price
Aug 24
OnTheMarket's (LON:OTMP) Promising Earnings May Rest On Soft Foundations
Jun 15OnTheMarket (LON:OTMP) Shareholders Have Enjoyed A 92% Share Price Gain
Mar 16Could The OnTheMarket plc (LON:OTMP) Ownership Structure Tell Us Something Useful?
Feb 09We're Not Worried About OnTheMarket's (LON:OTMP) Cash Burn
Jan 04The OnTheMarket (LON:OTMP) Share Price Is Up 76% And Shareholders Are Holding On
Nov 30
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.