Observe Medical Balance Sheet Health
Financial Health criteria checks 1/6
Observe Medical has a total shareholder equity of NOK109.2M and total debt of NOK57.7M, which brings its debt-to-equity ratio to 52.8%. Its total assets and total liabilities are NOK203.7M and NOK94.5M respectively.
Key information
52.8%
Debt to equity ratio
NOK 57.70m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 1.74m |
| Equity | NOK 109.23m |
| Total liabilities | NOK 94.50m |
| Total assets | NOK 203.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OBSRT's short term assets (NOK15.9M) do not cover its short term liabilities (NOK89.8M).
Long Term Liabilities: OBSRT's short term assets (NOK15.9M) exceed its long term liabilities (NOK4.7M).
Debt to Equity History and Analysis
Debt Level: OBSRT's net debt to equity ratio (51.2%) is considered high.
Reducing Debt: Insufficient data to determine if OBSRT's debt to equity ratio has reduced 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: OBSRT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: OBSRT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 34.8% each year