Optical Cable Balance Sheet Health
Financial Health criteria checks 5/6
Optical Cable has a total shareholder equity of $21.8M and total debt of $10.7M, which brings its debt-to-equity ratio to 49%. Its total assets and total liabilities are $39.9M and $18.0M respectively.
Key information
49.0%
Debt to equity ratio
US$10.70m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.09m |
| Equity | US$21.84m |
| Total liabilities | US$18.05m |
| Total assets | US$39.88m |
Recent financial health updates
We Think Optical Cable (NASDAQ:OCC) Has A Fair Chunk Of Debt
Sep 13
Here's Why Optical Cable (NASDAQ:OCC) Can Afford Some Debt
May 07Is Optical Cable (NASDAQ:OCC) A Risky Investment?
Jan 03Optical Cable (NASDAQ:OCC) Is Making Moderate Use Of Debt
Jul 14Is Optical Cable (NASDAQ:OCC) Using Too Much Debt?
Jan 06
Recent updates
Here's What's Concerning About Optical Cable's (NASDAQ:OCC) Returns On Capital
Mar 01There's Been No Shortage Of Growth Recently For Optical Cable's (NASDAQ:OCC) Returns On Capital
Sep 13Optical Cable (NASDAQ:OCC) Is Doing The Right Things To Multiply Its Share Price
Apr 28Estimating The Intrinsic Value Of Optical Cable Corporation (NASDAQ:OCC)
Nov 22We Think Optical Cable (NASDAQ:OCC) Has A Fair Chunk Of Debt
Sep 13Optical Cable GAAP EPS of -$0.05, revenue of $17.4M
Sep 12Here's Why Optical Cable (NASDAQ:OCC) Can Afford Some Debt
May 07Is Optical Cable (NASDAQ:OCC) A Risky Investment?
Jan 03There Are Some Reasons To Suggest That Optical Cable's (NASDAQ:OCC) Earnings A Poor Reflection Of Profitability
Sep 20Optical Cable (NASDAQ:OCC) Is Making Moderate Use Of Debt
Jul 14This Is Why Optical Cable Corporation's (NASDAQ:OCC) CEO Compensation Looks Appropriate
Mar 24What We Learned About Optical Cable's (NASDAQ:OCC) CEO Compensation
Mar 01Is Optical Cable (NASDAQ:OCC) Using Too Much Debt?
Jan 06Optical Cable reports FQ4 results
Dec 21Financial Position Analysis
Short Term Liabilities: OCC's short term assets ($31.5M) exceed its short term liabilities ($7.1M).
Long Term Liabilities: OCC's short term assets ($31.5M) exceed its long term liabilities ($10.9M).
Debt to Equity History and Analysis
Debt Level: OCC's net debt to equity ratio (44%) is considered high.
Reducing Debt: OCC's debt to equity ratio has reduced from 49.9% to 49% 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: Whilst unprofitable OCC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: OCC is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 11.3% per year.