Ontrak Balance Sheet Health
Financial Health criteria checks 4/6
Ontrak has a total shareholder equity of $15.4M and total debt of $7.0M, which brings its debt-to-equity ratio to 45.2%. Its total assets and total liabilities are $25.3M and $9.9M respectively.
Key information
45.2%
Debt to equity ratio
US$6.97m
Debt
| Interest coverage ratio | n/a |
| Cash | US$7.29m |
| Equity | US$15.41m |
| Total liabilities | US$9.86m |
| Total assets | US$25.28m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OTRK.P's short term assets ($11.1M) exceed its short term liabilities ($3.1M).
Long Term Liabilities: OTRK.P's short term assets ($11.1M) exceed its long term liabilities ($6.8M).
Debt to Equity History and Analysis
Debt Level: OTRK.P has more cash than its total debt.
Reducing Debt: OTRK.P 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.P has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: OTRK.P has less than a year of cash runway if free cash flow continues to reduce at historical rates of 14.2% each year