OLB Group Balance Sheet Health
Financial Health criteria checks 2/6
OLB Group has a total shareholder equity of $6.7M and total debt of $1.5M, which brings its debt-to-equity ratio to 22.3%. Its total assets and total liabilities are $15.9M and $9.2M respectively.
Key information
22.3%
Debt to equity ratio
US$1.49m
Debt
| Interest coverage ratio | n/a |
| Cash | US$41.29k |
| Equity | US$6.68m |
| Total liabilities | US$9.20m |
| Total assets | US$15.88m |
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 ($643.4K) do not cover its short term liabilities ($8.1M).
Long Term Liabilities: OLB's short term assets ($643.4K) do not cover its long term liabilities ($1.1M).
Debt to Equity History and Analysis
Debt Level: OLB's net debt to equity ratio (21.6%) 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: OLB has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: OLB has less than a year of cash runway if free cash flow continues to reduce at historical rates of 17.5% each year
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 01:51 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
The OLB Group, Inc. is covered by 2 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 |
|---|---|
| Rommel Dionisio | Aegis Capital Corporation |
| Ishan Majumdar | Baptista Research |