OptiBiotix Health Balance Sheet Health
Financial Health criteria checks 6/6
OptiBiotix Health has a total shareholder equity of £21.8M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £22.5M and £716.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£1.51m |
Equity | UK£21.75m |
Total liabilities | UK£716.00k |
Total assets | UK£22.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OPBX.F's short term assets (£2.1M) exceed its short term liabilities (£255.0K).
Long Term Liabilities: OPBX.F's short term assets (£2.1M) exceed its long term liabilities (£461.0K).
Debt to Equity History and Analysis
Debt Level: OPBX.F is debt free.
Reducing Debt: OPBX.F had no debt 5 years ago.
Debt Coverage: OPBX.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: OPBX.F has no debt, therefore coverage of interest payments is not a concern.