Owlet Balance Sheet Health
Financial Health criteria checks 1/6
Owlet has a total shareholder equity of $-29.7M and total debt of $15.2M, which brings its debt-to-equity ratio to -51.2%. Its total assets and total liabilities are $44.1M and $73.8M respectively.
Key information
-51.2%
Debt to equity ratio
US$15.19m
Debt
| Interest coverage ratio | n/a |
| Cash | US$16.56m |
| Equity | -US$29.68m |
| Total liabilities | US$73.80m |
| Total assets | US$44.12m |
Recent financial health updates
Recent updates
Potential Upside For Owlet, Inc. (NYSE:OWLT) Not Without Risk
Feb 29
Owlet, Inc. (NYSE:OWLT) Just Reported And Analysts Have Been Cutting Their Estimates
Nov 17Owlet Non-GAAP EPS of -$0.17, revenue of $17.4M
Nov 14Owlet seeks FDA medical device approval for its prescription monitor for infants
Oct 06Owlet GAAP EPS of -$0.11 beats by $0.12, revenue of $18.3M misses by $5.63M
Aug 11Owlet, Inc.: A Turnaround Opportunity With Upcoming Bullish Catalysts
Jun 14Owlet: At The Intersection Of Telehealth And Infants
Aug 30Financial Position Analysis
Short Term Liabilities: OWLT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: OWLT has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: OWLT has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: OWLT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: OWLT has sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if OWLT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.