OptimizeRx Balance Sheet Health
Financial Health criteria checks 5/6
OptimizeRx has a total shareholder equity of $114.5M and total debt of $35.3M, which brings its debt-to-equity ratio to 30.8%. Its total assets and total liabilities are $165.2M and $50.7M respectively.
Key information
30.8%
Debt to equity ratio
US$35.28m
Debt
| Interest coverage ratio | n/a |
| Cash | US$16.13m |
| Equity | US$114.47m |
| Total liabilities | US$50.73m |
| Total assets | US$165.20m |
Recent financial health updates
Does OptimizeRx (NASDAQ:OPRX) Have A Healthy Balance Sheet?
Nov 16
OptimizeRx (NASDAQ:OPRX) Is Carrying A Fair Bit Of Debt
Jul 30Here's Why We're Not At All Concerned With OptimizeRx's (NASDAQ:OPRX) Cash Burn Situation
Jun 24Recent updates
Does OptimizeRx (NASDAQ:OPRX) Have A Healthy Balance Sheet?
Nov 16OptimizeRx (NASDAQ:OPRX) Is Carrying A Fair Bit Of Debt
Jul 30OptimizeRx Corporation's (NASDAQ:OPRX) 36% Jump Shows Its Popularity With Investors
Jan 09Analyst 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 10Financial Position Analysis
Short Term Liabilities: OPRX's short term assets ($46.9M) exceed its short term liabilities ($14.5M).
Long Term Liabilities: OPRX's short term assets ($46.9M) exceed its long term liabilities ($36.2M).
Debt to Equity History and Analysis
Debt Level: OPRX's net debt to equity ratio (16.7%) is considered satisfactory.
Reducing Debt: OPRX's debt to equity ratio has increased from 0% to 30.8% 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 3 years based on its current free cash flow.
Forecast Cash Runway: OPRX has sufficient cash runway for 2.5 years if free cash flow continues to grow at historical rates of 7.8% each year.