OLB Group Balance Sheet Health
Financial Health criteria checks 5/6
OLB Group has a total shareholder equity of $12.3M and total debt of $2.4M, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are $19.7M and $7.4M respectively.
Key information
19.5%
Debt to equity ratio
US$2.41m
Debt
| Interest coverage ratio | n/a |
| Cash | US$452.67k |
| Equity | US$12.34m |
| Total liabilities | US$7.38m |
| Total assets | US$19.73m |
Recent financial health updates
Recent updates
Not Many Are Piling Into The OLB Group, Inc. (NASDAQ:OLB) Just Yet
Mar 28
A Piece Of The Puzzle Missing From The OLB Group, Inc.'s (NASDAQ:OLB) Share Price
Jun 14The OLB Group reports 1H results
Aug 15OLB Group stock gains on 1M stock repurchase plan
Jul 13Here's Why Shareholders May Want To Be Cautious With Increasing The OLB Group, Inc.'s (NASDAQ:OLB) CEO Pay Packet
Sep 09The OLB Group, Inc.'s (NASDAQ:OLB) Path To Profitability
Mar 12Is The OLB Group, Inc. (NASDAQ:OLB) Trading At A 49% Discount?
Feb 05OLB forecasts strong revenue growth in 2021
Jan 06Does OLB Group (NASDAQ:OLB) Have A Healthy Balance Sheet?
Dec 28Financial Position Analysis
Short Term Liabilities: OLB's short term assets ($1.8M) do not cover its short term liabilities ($7.2M).
Long Term Liabilities: OLB's short term assets ($1.8M) exceed its long term liabilities ($149.0K).
Debt to Equity History and Analysis
Debt Level: OLB's net debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: OLB had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: Whilst unprofitable OLB has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: OLB is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 36.2% per year.