OptimizeRx Balance Sheet Health
Financial Health criteria checks 5/6
OptimizeRx has a total shareholder equity of $126.6M and total debt of $36.2M, which brings its debt-to-equity ratio to 28.6%. Its total assets and total liabilities are $183.4M and $56.8M respectively.
Key information
28.6%
Debt to equity ratio
US$36.23m
Debt
| Interest coverage ratio | n/a |
| Cash | US$13.85m |
| Equity | US$126.55m |
| Total liabilities | US$56.82m |
| Total assets | US$183.37m |
Recent financial health updates
Recent updates
OptimizeRx Corporation's (NASDAQ:OPRX) 36% Jump Shows Its Popularity With Investors
Jan 09
Analyst Forecasts Just Became More Bearish On OptimizeRx Corporation (NASDAQ:OPRX)
Aug 24OptimizeRx Corporation (NASDAQ:OPRX) Shares May Have Slumped 38% But Getting In Cheap Is Still Unlikely
Aug 16Is Now An Opportune Moment To Examine OptimizeRx Corporation (NASDAQ:OPRX)?
May 31OptimizeRx: A Top Candidate For My Speculative 'Bio Boom' Portfolio
Oct 12Is Now The Time To Look At Buying OptimizeRx Corporation (NASDAQ:OPRX)?
Sep 23OptimizeRx extends reach with Cooler Screens Partnership
Jul 26OptimizeRx: A Small-Cap Digital Health Technology Gem With Near-Term Inflection In Profitability
Jun 27The Strong Earnings Posted By OptimizeRx (NASDAQ:OPRX) Are A Good Indication Of The Strength Of The Business
Nov 16Why We Think OptimizeRx Corporation's (NASDAQ:OPRX) CEO Compensation Is Not Excessive At All
Aug 13A Look At The Fair Value Of OptimizeRx Corporation (NASDAQ:OPRX)
Jul 15Here's Why We're Not At All Concerned With OptimizeRx's (NASDAQ:OPRX) Cash Burn Situation
Jun 24Investors Will Want OptimizeRx's (NASDAQ:OPRX) Growth In ROCE To Persist
May 10Estimating The Fair Value Of OptimizeRx Corporation (NASDAQ:OPRX)
Mar 29Don't Ignore The Fact That This Insider Just Sold Some Shares In OptimizeRx Corporation (NASDAQ:OPRX)
Feb 21What Percentage Of OptimizeRx Corporation (NASDAQ:OPRX) Shares Do Insiders Own?
Jan 27
Financial Position Analysis
Short Term Liabilities: OPRX's short term assets ($54.3M) exceed its short term liabilities ($17.9M).
Long Term Liabilities: OPRX's short term assets ($54.3M) exceed its long term liabilities ($38.9M).
Debt to Equity History and Analysis
Debt Level: OPRX's net debt to equity ratio (17.7%) is considered satisfactory.
Reducing Debt: OPRX's debt to equity ratio has increased from 0% to 28.6% 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: OPRX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: OPRX has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 20.4% each year.