Optical Cable Corporation

NasdaqGM:OCC Stock Report

Market Cap: US$19.1m

Optical Cable Balance Sheet Health

Financial Health criteria checks 5/6

Optical Cable has a total shareholder equity of $20.4M and total debt of $9.9M, which brings its debt-to-equity ratio to 48.7%. Its total assets and total liabilities are $37.6M and $17.2M respectively.

Key information

48.7%

Debt to equity ratio

US$9.92m

Debt

Interest coverage ration/a
CashUS$796.74k
EquityUS$20.35m
Total liabilitiesUS$17.24m
Total assetsUS$37.60m

Recent financial health updates

Recent updates

Here's What's Concerning About Optical Cable's (NASDAQ:OCC) Returns On Capital

Mar 01
Here's What's Concerning About Optical Cable's (NASDAQ:OCC) Returns On Capital

There's Been No Shortage Of Growth Recently For Optical Cable's (NASDAQ:OCC) Returns On Capital

Sep 13
There's Been No Shortage Of Growth Recently For Optical Cable's (NASDAQ:OCC) Returns On Capital

Optical Cable (NASDAQ:OCC) Is Doing The Right Things To Multiply Its Share Price

Apr 28
Optical Cable (NASDAQ:OCC) Is Doing The Right Things To Multiply Its Share Price

Estimating The Intrinsic Value Of Optical Cable Corporation (NASDAQ:OCC)

Nov 22
Estimating The Intrinsic Value Of Optical Cable Corporation (NASDAQ:OCC)

We Think Optical Cable (NASDAQ:OCC) Has A Fair Chunk Of Debt

Sep 13
We Think Optical Cable (NASDAQ:OCC) Has A Fair Chunk Of Debt

Optical Cable GAAP EPS of -$0.05, revenue of $17.4M

Sep 12

Here's Why Optical Cable (NASDAQ:OCC) Can Afford Some Debt

May 07
Here's Why Optical Cable (NASDAQ:OCC) Can Afford Some Debt

Is Optical Cable (NASDAQ:OCC) A Risky Investment?

Jan 03
Is Optical Cable (NASDAQ:OCC) A Risky Investment?

There Are Some Reasons To Suggest That Optical Cable's (NASDAQ:OCC) Earnings A Poor Reflection Of Profitability

Sep 20
There Are Some Reasons To Suggest That Optical Cable's (NASDAQ:OCC) Earnings A Poor Reflection Of Profitability

Optical Cable (NASDAQ:OCC) Is Making Moderate Use Of Debt

Jul 14
Optical Cable (NASDAQ:OCC) Is Making Moderate Use Of Debt

This Is Why Optical Cable Corporation's (NASDAQ:OCC) CEO Compensation Looks Appropriate

Mar 24
This Is Why Optical Cable Corporation's (NASDAQ:OCC) CEO Compensation Looks Appropriate

What We Learned About Optical Cable's (NASDAQ:OCC) CEO Compensation

Mar 01
What We Learned About Optical Cable's (NASDAQ:OCC) CEO Compensation

Is Optical Cable (NASDAQ:OCC) Using Too Much Debt?

Jan 06
Is Optical Cable (NASDAQ:OCC) Using Too Much Debt?

Optical Cable reports FQ4 results

Dec 21

Financial Position Analysis

Short Term Liabilities: OCC's short term assets ($29.2M) exceed its short term liabilities ($7.0M).

Long Term Liabilities: OCC's short term assets ($29.2M) exceed its long term liabilities ($10.3M).


Debt to Equity History and Analysis

Debt Level: OCC's net debt to equity ratio (44.8%) is considered high.

Reducing Debt: OCC's debt to equity ratio has reduced from 54.3% to 48.7% 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 17.7% per year.


Discover healthy companies