Ontrak Balance Sheet Health
Financial Health criteria checks 4/6
Ontrak has a total shareholder equity of $11.5M and total debt of $7.9M, which brings its debt-to-equity ratio to 69.1%. Its total assets and total liabilities are $22.4M and $10.9M respectively.
Key information
69.1%
Debt to equity ratio
US$7.92m
Debt
| Interest coverage ratio | n/a |
| Cash | US$7.97m |
| Equity | US$11.46m |
| Total liabilities | US$10.94m |
| Total assets | US$22.40m |
Recent financial health updates
Recent updates
Slammed 26% Ontrak, Inc. (NASDAQ:OTRK) Screens Well Here But There Might Be A Catch
Sep 25
A Piece Of The Puzzle Missing From Ontrak, Inc.'s (NASDAQ:OTRK) Share Price
Jul 12The 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 21Financial Position Analysis
Short Term Liabilities: OTRK's short term assets ($10.2M) exceed its short term liabilities ($8.7M).
Long Term Liabilities: OTRK's short term assets ($10.2M) exceed its long term liabilities ($2.3M).
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 11.1% each year