Observe Medical Balance Sheet Health
Financial Health criteria checks 4/6
Observe Medical has a total shareholder equity of NOK107.4M and total debt of NOK56.0M, which brings its debt-to-equity ratio to 52.1%. Its total assets and total liabilities are NOK246.4M and NOK139.0M respectively.
Key information
52.1%
Debt to equity ratio
NOK 55.97m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 2.70m |
| Equity | NOK 107.45m |
| Total liabilities | NOK 138.95m |
| Total assets | NOK 246.40m |
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 (NOK28.3M) do not cover its short term liabilities (NOK111.8M).
Long Term Liabilities: OBSRV's short term assets (NOK28.3M) exceed its long term liabilities (NOK27.1M).
Debt to Equity History and Analysis
Debt Level: OBSRV's net debt to equity ratio (49.6%) is considered high.
Reducing Debt: OBSRV's debt to equity ratio has reduced from 161.6% to 52.1% 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 2 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 1 months based on free cash flow estimates, but has since raised additional capital.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 22:47 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Observe Medical ASA is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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