OpGen Balance Sheet Health
Financial Health criteria checks 4/6
OpGen has a total shareholder equity of $3.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $5.5M and $2.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.63m |
| Equity | US$2.99m |
| Total liabilities | US$2.48m |
| Total assets | US$5.47m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0A8L's short term assets ($3.2M) exceed its short term liabilities ($589.8K).
Long Term Liabilities: 0A8L's short term assets ($3.2M) exceed its long term liabilities ($1.9M).
Debt to Equity History and Analysis
Debt Level: 0A8L is debt free.
Reducing Debt: 0A8L currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: 0A8L has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 0A8L has less than a year of cash runway if free cash flow continues to reduce at historical rates of 1.7% each year