Outlook Therapeutics Balance Sheet Health
Financial Health criteria checks 2/6
Outlook Therapeutics has a total shareholder equity of $-24.3M and total debt of $36.5M, which brings its debt-to-equity ratio to -150.1%. Its total assets and total liabilities are $21.7M and $46.0M respectively.
Key information
-150.1%
Debt to equity ratio
US$36.54m
Debt
| Interest coverage ratio | n/a |
| Cash | US$10.36m |
| Equity | -US$24.34m |
| Total liabilities | US$46.03m |
| Total assets | US$21.68m |
Recent financial health updates
Is Outlook Therapeutics (NASDAQ:OTLK) Using Debt In A Risky Way?
Nov 03
Is Outlook Therapeutics (NASDAQ:OTLK) Using Too Much Debt?
Jul 06Is Outlook Therapeutics (NASDAQ:OTLK) Using Debt Sensibly?
Apr 01Outlook Therapeutics (NASDAQ:OTLK) Has Debt But No Earnings; Should You Worry?
Jun 24Recent updates
Is Outlook Therapeutics (NASDAQ:OTLK) Using Debt In A Risky Way?
Nov 03Outlook Therapeutics resubmits application for eye disease wAMD drug, shares rise 8%
Aug 30Outlook Therapeutics GAAP EPS of -$0.08 misses by $0.01
Aug 10Is Outlook Therapeutics (NASDAQ:OTLK) Using Too Much Debt?
Jul 06Outlook Therapeutics announces full cash pre-payment of convertible promissory note
Jul 05Outlook Therapeutics: A One-Buck Lottery Ticket
Jun 09Is Outlook Therapeutics (NASDAQ:OTLK) Using Debt Sensibly?
Apr 01Outlook Therapeutics: Likely FDA Approval, Possible Buyout
Jan 21Outlook Therapeutics (NASDAQ:OTLK) Has Debt But No Earnings; Should You Worry?
Jun 24Outlook Therapeutics completes patient dosing in wet AMD trial
Jun 08Financial Position Analysis
Short Term Liabilities: OTLK has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: OTLK 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: OTLK has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: OTLK'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: OTLK has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: OTLK is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.