Observe Medical Balance Sheet Health
Financial Health criteria checks 4/6
Observe Medical has a total shareholder equity of NOK115.6M and total debt of NOK53.8M, which brings its debt-to-equity ratio to 46.6%. Its total assets and total liabilities are NOK253.5M and NOK137.9M respectively.
Key information
46.6%
Debt to equity ratio
NOK 53.85m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 13.68m |
| Equity | NOK 115.61m |
| Total liabilities | NOK 137.93m |
| Total assets | NOK 253.54m |
Recent financial health updates
Is Observe Medical (OB:OBSRV) Using Too Much Debt?
Jun 27
Observe Medical (OB:OBSRV) Is Making Moderate Use Of Debt
Sep 23Is Observe Medical (OB:OBSRV) Using Debt In A Risky Way?
Jun 07Here's Why Observe Medical (OB:OBSRV) Can Afford Some Debt
Feb 08We Think Observe Medical (OB:OBSRV) Has A Fair Chunk Of Debt
Sep 11Observe Medical (OB:OBSRV) Is Making Moderate Use Of Debt
Mar 02Recent updates
Is Observe Medical (OB:OBSRV) Using Too Much Debt?
Jun 27Observe Medical (OB:OBSRV) Is Making Moderate Use Of Debt
Sep 23Is Observe Medical (OB:OBSRV) Using Debt In A Risky Way?
Jun 07Here's Why Observe Medical (OB:OBSRV) Can Afford Some Debt
Feb 08We Think Observe Medical (OB:OBSRV) Has A Fair Chunk Of Debt
Sep 11Observe Medical (OB:OBSRV) Is Making Moderate Use Of Debt
Mar 02Financial Position Analysis
Short Term Liabilities: OBSRV's short term assets (NOK27.2M) do not cover its short term liabilities (NOK60.9M).
Long Term Liabilities: OBSRV's short term assets (NOK27.2M) do not cover its long term liabilities (NOK77.0M).
Debt to Equity History and Analysis
Debt Level: OBSRV's net debt to equity ratio (34.7%) is considered satisfactory.
Reducing Debt: OBSRV's debt to equity ratio has reduced from 148.8% to 46.6% 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: OBSRV has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: OBSRV is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.