Otovo Balance Sheet Health
Financial Health criteria checks 5/6
Otovo has a total shareholder equity of NOK874.2M and total debt of NOK237.5M, which brings its debt-to-equity ratio to 27.2%. Its total assets and total liabilities are NOK1.4B and NOK483.5M respectively.
Key information
27.2%
Debt to equity ratio
kr237.51m
Debt
| Interest coverage ratio | n/a |
| Cash | kr582.71m |
| Equity | kr874.20m |
| Total liabilities | kr483.49m |
| Total assets | kr1.36b |
Recent financial health updates
Recent updates
Not Many Are Piling Into Otovo ASA (OB:OTOVO) Stock Yet As It Plummets 30%
Mar 12
Some Analysts Just Cut Their Otovo ASA (OB:OTOVO) Estimates
Feb 17Otovo ASA (OB:OTOVO) Just Reported, And Analysts Assigned A kr3.90 Price Target
Feb 11Otovo ASA's (OB:OTOVO) Shares Not Telling The Full Story
Jan 19Analysts Just Slashed Their Otovo ASA (OB:OTOVO) EPS Numbers
Nov 02Otovo (OB:OTOVO) Is Using Debt Safely
Jun 22Need To Know: Analysts Are Much More Bullish On Otovo ASA (OB:OTOVO) Revenues
May 13News Flash: Analysts Just Made A Captivating Upgrade To Their Otovo ASA (OB:OTOVO) Forecasts
Feb 13The Consensus EPS Estimates For Otovo ASA (OB:OTOVO) Just Fell Dramatically
Jan 30Otovo ASA (OB:OTOVO) Just Reported And Analysts Have Been Cutting Their Estimates
Jan 28Is Otovo (OB:OTOVO) Using Too Much Debt?
Aug 03Financial Position Analysis
Short Term Liabilities: OTOVO's short term assets (NOK734.0M) exceed its short term liabilities (NOK239.2M).
Long Term Liabilities: OTOVO's short term assets (NOK734.0M) exceed its long term liabilities (NOK244.2M).
Debt to Equity History and Analysis
Debt Level: OTOVO has more cash than its total debt.
Reducing Debt: OTOVO's debt to equity ratio has increased from 8.7% to 27.2% over the past 5 years.
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: OTOVO has sufficient cash runway for 11 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: OTOVO has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of 47.1% each year.