Ocular Therapeutix Balance Sheet Health
Financial Health criteria checks 5/6
Ocular Therapeutix has a total shareholder equity of $408.0M and total debt of $66.5M, which brings its debt-to-equity ratio to 16.3%. Its total assets and total liabilities are $538.9M and $131.0M respectively.
Key information
16.3%
Debt to equity ratio
US$66.46m
Debt
| Interest coverage ratio | n/a |
| Cash | US$482.89m |
| Equity | US$407.98m |
| Total liabilities | US$130.96m |
| Total assets | US$538.95m |
Recent financial health updates
Is Ocular Therapeutix (NASDAQ:OCUL) Using Too Much Debt?
Oct 15
Is Ocular Therapeutix (NASDAQ:OCUL) Weighed On By Its Debt Load?
Jun 30Is Ocular Therapeutix (NASDAQ:OCUL) Using Debt In A Risky Way?
Feb 11Despite Lacking Profits Ocular Therapeutix (NASDAQ:OCUL) Seems To Be On Top Of Its Debt
Sep 09Recent updates
Ocular Therapeutics' Impressive Surge: A Strategic Insight
Mar 19Ocular Therapeutix: Diabetic Retinopathy Data Q2 2024 And Wet AMD Advancement
Feb 11Ocular Therapeutix Vies With Gene Therapies, Not Just Eylea, For Wet AMD
Jan 10Optimistic Investors Push Ocular Therapeutix, Inc. (NASDAQ:OCUL) Shares Up 31% But Growth Is Lacking
Jan 09Is Ocular Therapeutix (NASDAQ:OCUL) Using Too Much Debt?
Oct 15Is Ocular Therapeutix (NASDAQ:OCUL) Weighed On By Its Debt Load?
Jun 30Analysts Just Slashed Their Ocular Therapeutix, Inc. (NASDAQ:OCUL) EPS Numbers
Mar 08Is Ocular Therapeutix (NASDAQ:OCUL) Using Debt In A Risky Way?
Feb 11Ocular Therapeutix, Inc. (NASDAQ:OCUL) Analysts Are More Bearish Than They Used To Be
Nov 16Despite Lacking Profits Ocular Therapeutix (NASDAQ:OCUL) Seems To Be On Top Of Its Debt
Sep 09Ocular Therapeutix: Trading Ahead Of An Underappreciated Catalyst Event
Aug 15Some Analysts Just Cut Their Ocular Therapeutix, Inc. (NASDAQ:OCUL) Estimates
May 13Financial Position Analysis
Short Term Liabilities: OCUL's short term assets ($519.8M) exceed its short term liabilities ($24.3M).
Long Term Liabilities: OCUL's short term assets ($519.8M) exceed its long term liabilities ($106.7M).
Debt to Equity History and Analysis
Debt Level: OCUL has more cash than its total debt.
Reducing Debt: OCUL's debt to equity ratio has reduced from 186.6% to 16.3% 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: OCUL has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if OCUL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.