Oblong Balance Sheet Health
Financial Health criteria checks 6/6
Oblong has a total shareholder equity of $5.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $6.9M and $1.4M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$5.99m |
| Equity | US$5.50m |
| Total liabilities | US$1.42m |
| Total assets | US$6.93m |
Recent financial health updates
Is Oblong (NASDAQ:OBLG) A Risky Investment?
Oct 28
Oblong (NASDAQ:OBLG) Has Debt But No Earnings; Should You Worry?
Jul 19Recent updates
Oblong gets 180-day extension to comply with Nasdaq's minimum bid price rule
Aug 17Is Oblong (NASDAQ:OBLG) A Risky Investment?
Oct 28Oblong (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 ($6.9M) exceed its short term liabilities ($1.4M).
Long Term Liabilities: OBLG's short term assets ($6.9M) exceed its long term liabilities ($26.0K).
Debt to Equity History and Analysis
Debt Level: OBLG is debt free.
Reducing Debt: OBLG has no debt compared to 5 years ago when its debt to equity ratio was 56.4%.
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 1.4 years if free cash flow continues to grow at historical rates of 26.1% each year.