This company has been acquired
Optimum Ventures Balance Sheet Health
Financial Health criteria checks 4/6
Optimum Ventures has a total shareholder equity of CA$5.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$5.7M and CA$228.3K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.43m |
| Equity | CA$5.50m |
| Total liabilities | CA$228.31k |
| Total assets | CA$5.73m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OPVL.F's short term assets (CA$1.6M) exceed its short term liabilities (CA$228.3K).
Long Term Liabilities: OPVL.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: OPVL.F is debt free.
Reducing Debt: OPVL.F has not had any debt for 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: OPVL.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: OPVL.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 59.2% each year