OptiBiotix Health Balance Sheet Health
Financial Health criteria checks 6/6
OptiBiotix Health has a total shareholder equity of £7.4M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £8.0M and £665.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£1.26m |
| Equity | UK£7.37m |
| Total liabilities | UK£665.00k |
| Total assets | UK£8.03m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: OPTI's short term assets (£1.9M) exceed its short term liabilities (£313.0K).
Long Term Liabilities: OPTI's short term assets (£1.9M) exceed its long term liabilities (£352.0K).
Debt to Equity History and Analysis
Debt Level: OPTI is debt free.
Reducing Debt: OPTI has no debt compared to 5 years ago when its debt to equity ratio was 11.6%.
Debt Coverage: OPTI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: OPTI has no debt, therefore coverage of interest payments is not a concern.