This company has been acquired
Ocean Outdoor Balance Sheet Health
Financial Health criteria checks 3/6
Key information
6.5%
Debt to equity ratio
UK£12.53m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£41.98m |
| Equity | UK£193.42m |
| Total liabilities | UK£319.20m |
| Total assets | UK£512.62m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OCTP.F's short term assets (£99.0M) do not cover its short term liabilities (£129.6M).
Long Term Liabilities: OCTP.F's short term assets (£99.0M) do not cover its long term liabilities (£189.6M).
Debt to Equity History and Analysis
Debt Level: OCTP.F has more cash than its total debt.
Reducing Debt: Insufficient data to determine if OCTP.F's debt to equity ratio has reduced over the 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: Whilst unprofitable OCTP.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: OCTP.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 31.6% per year.