Oblong Balance Sheet Health
Financial Health criteria checks 6/6
Oblong has a total shareholder equity of $4.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $6.0M and $1.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$5.62m |
| Equity | US$4.67m |
| Total liabilities | US$1.32m |
| Total assets | US$5.99m |
Recent financial health updates
Recent updates
Oblong gets 180-day extension to comply with Nasdaq's minimum bid price rule
Aug 17Is Oblong (NASDAQ:OBLG) A Risky Investment?
Oct 28
Oblong (NASDAQ:OBLG) Has Debt But No Earnings; Should You Worry?
Jul 19Oblong to be a part of Russell Microcap Index
Jun 08Is Oblong (NASDAQ:OBLG) A Risky Investment?
Apr 05Shareholders Are Thrilled That The Oblong (NASDAQ:OBLG) Share Price Increased 160%
Mar 15Breakeven On The Horizon For Oblong Inc. (NYSEMKT:OBLG)
Feb 12
Have Insiders Been Selling Oblong Inc. (NYSEMKT:OBLG) Shares This Year?
Dec 21Financial Position Analysis
Short Term Liabilities: OBLG's short term assets ($6.0M) exceed its short term liabilities ($1.3M).
Long Term Liabilities: OBLG's short term assets ($6.0M) exceed its long term liabilities ($2.0K).
Debt to Equity History and Analysis
Debt Level: OBLG is debt free.
Reducing Debt: OBLG currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: OBLG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: OBLG has sufficient cash runway for 1.7 years if free cash flow continues to grow at historical rates of 22.7% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 22:33 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Oblong, Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James McIlree | Bradley Woods & Co. Ltd. |