OptiBiotix Health Balance Sheet Health
Financial Health criteria checks 6/6
OptiBiotix Health has a total shareholder equity of £9.1M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £9.9M and £862.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£893.00k |
Equity | UK£9.06m |
Total liabilities | UK£862.00k |
Total assets | UK£9.92m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: OPTI's short term assets (£1.8M) exceed its short term liabilities (£514.0K).
Long Term Liabilities: OPTI's short term assets (£1.8M) exceed its long term liabilities (£348.0K).
Debt to Equity History and Analysis
Debt Level: OPTI is debt free.
Reducing Debt: OPTI had no debt 5 years ago.
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.