Ontrak Balance Sheet Health
Financial Health criteria checks 4/6
Ontrak has a total shareholder equity of $14.3M and total debt of $2.9M, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are $19.8M and $5.6M respectively.
Key information
20.1%
Debt to equity ratio
US$2.87m
Debt
Interest coverage ratio | n/a |
Cash | US$9.70m |
Equity | US$14.27m |
Total liabilities | US$5.58m |
Total assets | US$19.85m |
Recent financial health updates
Recent updates
The Market Lifts Ontrak, Inc. (NASDAQ:OTRK) Shares 206% But It Can Do More
Apr 03Investors Give Ontrak, Inc. (NASDAQ:OTRK) Shares A 33% Hiding
Feb 16Newsflash: Ontrak, Inc. (NASDAQ:OTRK) Analysts Have Been Trimming Their Revenue Forecasts
Aug 18Ontrak Non-GAAP EPS of -$0.63 misses by $0.10, revenue of $3.9M misses by $0.75M
Aug 09Ontrak CMO Robert Accordino to depart, Judith Feld to succeed
Jul 26Is Ontrak (NASDAQ:OTRK) Using Too Much Debt?
Feb 23Ontrak Preferred Stock: 20%+ Yield And Potential 150% Return In One Year
Jan 24Ontrak: Why You Should Buy The Dip
Oct 21Ontrak: Ready To Rebound
Jul 11Analysts Just Shaved Their Ontrak, Inc. (NASDAQ:OTRK) Forecasts Dramatically
May 09Financial Position Analysis
Short Term Liabilities: OTRK's short term assets ($12.8M) exceed its short term liabilities ($3.9M).
Long Term Liabilities: OTRK's short term assets ($12.8M) exceed its long term liabilities ($1.6M).
Debt to Equity History and Analysis
Debt Level: OTRK has more cash than its total debt.
Reducing Debt: OTRK 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: OTRK has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: OTRK has less than a year of cash runway if free cash flow continues to reduce at historical rates of 19.8% each year