Oportun Financial Balance Sheet Health
Financial Health criteria checks 4/6
Oportun Financial has a total shareholder equity of $404.4M and total debt of $2.9B, which brings its debt-to-equity ratio to 719.6%. Its total assets and total liabilities are $3.4B and $3.0B respectively.
Key information
719.6%
Debt to equity ratio
US$2.91b
Debt
| Interest coverage ratio | n/a |
| Cash | US$100.49m |
| Equity | US$404.40m |
| Total liabilities | US$3.01b |
| Total assets | US$3.41b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: OPRT's short term assets ($3.2B) exceed its short term liabilities ($418.4M).
Long Term Liabilities: OPRT's short term assets ($3.2B) exceed its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: OPRT's net debt to equity ratio (694.8%) is considered high.
Reducing Debt: OPRT's debt to equity ratio has increased from 378.1% to 719.6% 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: Whilst unprofitable OPRT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: OPRT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 13.9% per year.