Optimi Health Corp. (OPTH) Balance Sheet

NASDAQ: OPTHAssets, liabilities, debt and equity over 6 years.

OPTH balance sheet, FY2025

September 30, 2025 · Canadian dollars

C$15.2M assets = C$8.7M liabilities + C$6.6M equity

Both columns are drawn to the same scale: what OPTH owns equals what it owes plus shareholders’ equity. Hover a block for its value.

OPTH financial health

Current ratio0.22

Tight · current assets cover current liabilities 0.22×

Debt / equity1.02

Moderate leverage · C$1.02 of debt for each $1 of equity

Equity / assets43.2%

Equity-funded · of assets funded by shareholders

Cash / debt17.1%

Low cash cover · cash & short-term investments vs total debt

Goodwill & intangibles0.0%

Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal FY2025.

OPTH balance sheet trends, FY2020–FY2025

Optimi Health Corp. Common Shares balance sheet trends
Metric	Then	Latest	Change
Total assets	C$6.2MFY2020	C$15.2MFY2025	+19.8%/yr
Total liabilities	C$882,665FY2020	C$8.7MFY2025	+57.9%/yr
Shareholders’ equity	C$5.3MFY2020	C$6.6MFY2025	+4.5%/yr
Cash & short-term investments	C$4.5MFY2020	C$1.1MFY2025	−23.8%/yr
Total debt	C$156,319FY2020	C$6.7MFY2025	+112.0%/yr
Net cash (debt)	C$4.3MFY2020	−C$5.5MFY2025	−C$9.9M
Working capital	C$3.9MFY2020	−C$6.7MFY2025	−C$10.5M
Current ratio	6.15FY2020	0.22FY2025	−5.93
Debt / equity	0.03FY2020	1.02FY2025	+0.99
Shares outstanding	455KFY2020	3.2MFY2025	+47.7%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

OPTH assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

OPTH liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

OPTH debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

OPTH balance sheet in Canadian dollars

Optimi Health Corp. Common Shares annual balance sheet
	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020
Assets
Cash & short-term investments	C$1.1M	C$103,660	C$1.3M	C$1.9M	C$12.4M	C$4.5M
Cash & equivalents	C$1.1M	C$103,660	C$1.3M	C$1.9M	C$8.4M	C$4.5M
Short-term investments	C$5,007	—	—	C$0	C$4.0M	—
Receivables	C$95,187	C$124,147	C$165,738	C$98,702	C$188,183	C$83,223
Inventory	C$310,826	C$894,820	C$779,274	C$264,724	C$123,247	C$47,953
Other current assets	C$276,113	C$109,960	C$138,665	C$175,522	C$1.6M	C$20,000
Total current assets	C$1.8M	C$1.2M	C$2.4M	C$2.4M	C$14.3M	C$4.6M
Property, plant & equipment (net)	C$12.6M	C$13.3M	C$14.0M	C$14.4M	C$8.9M	C$1.5M
Goodwill & intangible assets	C$0	C$0	C$0	C$0	C$0	C$0
Long-term investments	C$0	C$0	C$0	C$0	C$0	C$0
Other non-current assets	C$826,656	C$17,603	C$15,910	C$2,665	C$257,552	C$29,110
Total assets	C$15.2M	C$14.6M	C$16.5M	C$16.8M	C$23.5M	C$6.2M
Liabilities
Accounts payable	C$1.2M	C$749,376	C$901,852	C$556,037	C$2.1M	C$647,346
Short-term debt	C$6.4M	C$992,781	C$36,704	C$88,092	C$95,362	C$25,429
Deferred revenue	C$208,051	C$116,391	C$112,500	−C$556,037	—	−C$647,346
Total current liabilities	C$8.5M	C$3.2M	C$1.6M	C$728,180	C$2.2M	C$751,775
Long-term debt	C$0	C$1.8M	C$1.6M	C$0	C$0	C$0
Lease obligations	C$184,419	C$32,781	C$69,485	C$157,577	—	—
Other long-term liabilities	C$158,597	C$0	C$32,781	C$69,485	C$155,483	C$130,890
Total liabilities	C$8.7M	C$5.0M	C$3.3M	C$797,665	C$2.4M	C$882,665
Shareholders' equity
Common stock & paid-in capital	C$31.7M	C$31.2M	C$28.7M	C$26.6M	C$25.2M	C$966,090
Retained earnings (deficit)	−C$27.3M	−C$23.6M	−C$17.6M	−C$13.4M	−C$6.2M	−C$169,221
Accumulated other comprehensive income	C$2.1M	C$2.0M	C$2.2M	C$2.8M	C$2.1M	C$4.5M
Total shareholders' equity	C$6.6M	C$9.6M	C$13.2M	C$16.0M	C$21.1M	C$5.3M
Key figures
Total debt	C$6.7M	C$2.8M	C$1.7M	C$157,577	C$250,845	C$156,319
Net cash (debt)	−C$5.5M	−C$2.6M	−C$362,457	C$1.7M	C$12.2M	C$4.3M
Working capital	−C$6.7M	−C$2.0M	C$818,150	C$1.7M	C$12.1M	C$3.9M
Tangible book value	C$6.6M	C$9.6M	C$13.2M	C$16.0M	C$21.1M	C$5.3M
Shares outstanding	3.2M	3.0M	2.9M	2.6M	51.9M	455K
Current ratio	0.22	0.38	1.51	3.33	6.39	6.15
Quick ratio	0.15	0.07	0.94	2.73	5.63	6.06
Debt / equity	1.02	0.29	0.13	0.01	0.01	0.03
Equity / assets	43.2%	65.8%	80.1%	95.3%	89.8%	85.7%

Optimi Health Corp. Common Shares quarterly balance sheet
	Jun '26	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24	Mar '24	Dec '23	Sep '23
Assets
Cash & short-term investments	C$9.2M	C$106,711	C$491,348	C$1.1M	C$88,533	C$55,714	C$82,498	C$103,660	C$245,837	C$268,911	C$493,176	C$1.3M
Cash & equivalents	C$9.2M	C$106,711	C$486,352	C$1.1M	C$88,533	C$55,714	C$82,498	C$103,660	C$245,837	C$268,911	C$493,176	C$1.3M
Short-term investments	C$3,520	—	C$4,995	C$5,007	—	—	—	—	—	—	—	—
Receivables	C$34,828	C$44,128	C$118,755	C$95,054	C$254,773	C$88,141	C$107,328	C$124,147	C$111,725	C$170,619	C$235,314	C$165,738
Inventory	C$206,308	C$300,352	C$310,134	C$310,388	C$658,939	C$672,341	C$632,195	C$894,820	C$1.1M	C$1.0M	C$1.0M	C$779,274
Other current assets	C$388,153	C$107,377	C$189,962	C$275,720	C$50,262	C$24,863	C$78,962	C$109,960	C$184,047	C$26,069	C$47,248	C$138,665
Total current assets	C$9.8M	C$558,568	C$1.1M	C$1.8M	C$1.1M	C$841,059	C$900,983	C$1.2M	C$1.6M	C$1.5M	C$1.8M	C$2.4M
Property, plant & equipment (net)	C$8.4M	C$12.1M	C$12.3M	C$12.6M	C$12.6M	C$12.9M	C$13.1M	C$13.3M	C$13.4M	C$13.6M	C$13.8M	C$14.0M
Goodwill & intangible assets	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0
Long-term investments	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0
Other non-current assets	C$12,354	C$866,948	C$824,813	C$825,484	C$446,529	C$17,548	C$17,548	C$17,548	C$49,121	C$38,160	C$18,220	C$15,910
Total assets	C$18.2M	C$13.5M	C$14.2M	C$15.2M	C$14.1M	C$13.7M	C$14.0M	C$14.6M	C$15.1M	C$15.2M	C$15.7M	C$16.5M
Liabilities
Accounts payable	C$946,457	C$1.5M	C$1.4M	C$1.2M	C$1.5M	C$946,930	C$877,523	C$749,376	C$822,230	C$577,332	C$365,815	C$901,852
Short-term debt	C$3.5M	C$6.4M	C$6.4M	C$6.4M	C$1.0M	C$1.0M	C$1.0M	C$992,781	C$39,550	C$38,577	C$37,629	C$36,704
Deferred revenue	C$58,083	C$222,705	C$207,589	C$207,759	C$292,000	C$334,501	C$216,062	C$116,391	C$122,468	C$112,500	C$112,500	C$112,500
Total current liabilities	C$5.7M	C$9.8M	C$9.1M	C$8.5M	C$3.6M	C$3.3M	C$3.6M	C$3.2M	C$1.7M	C$1.3M	C$978,618	C$1.6M
Long-term debt	C$0	C$0	C$0	C$0	C$1.9M	C$1.8M	C$1.8M	C$0	C$0	C$0	C$0	C$0
Lease obligations	C$165,542	C$172,070	C$178,360	C$184,419	C$2,753	C$13,013	C$23,020	—	—	—	—	—
Other long-term liabilities	C$95,177	C$143,211	C$150,810	C$158,374	C$908,000	C$0	C$0	C$1.8M	C$2.7M	C$2.6M	C$2.6M	C$1.7M
Total liabilities	C$5.8M	C$10.0M	C$9.2M	C$8.6M	C$6.4M	C$5.1M	C$5.4M	C$5.0M	C$4.4M	C$4.0M	C$3.6M	C$3.3M
Shareholders' equity
Common stock & paid-in capital	C$33.5M	C$31.7M	C$31.7M	C$31.7M	C$31.7M	C$31.7M	C$31.1M	C$31.2M	C$33.2M	C$29.4M	C$28.8M	C$28.7M
Retained earnings (deficit)	−C$22.1M	−C$29.9M	−C$28.3M	−C$27.2M	−C$25.9M	−C$25.0M	−C$24.8M	−C$23.6M	−C$22.0M	−C$20.3M	−C$18.9M	−C$17.6M
Accumulated other comprehensive income	C$988,920	C$1.7M	C$1.6M	C$2.1M	C$2.0M	C$2.0M	C$2.0M	C$2.0M	−C$609,558	C$2.2M	C$2.2M	C$2.2M
Total shareholders' equity	C$12.4M	C$3.5M	C$5.0M	C$6.6M	C$7.8M	C$8.6M	C$8.6M	C$9.6M	C$10.7M	C$11.2M	C$12.1M	C$13.2M
Key figures
Total debt	C$3.6M	C$6.6M	C$6.7M	C$6.7M	C$2.9M	C$2.8M	C$2.8M	C$2.8M	C$2.7M	C$2.7M	C$2.6M	C$1.7M
Net cash (debt)	C$5.6M	−C$6.5M	−C$6.2M	−C$5.5M	−C$2.8M	−C$2.8M	−C$2.7M	−C$2.6M	−C$2.4M	−C$2.4M	−C$2.1M	−C$362,457
Working capital	C$4.1M	−C$9.3M	−C$8.0M	−C$6.7M	−C$2.6M	−C$2.4M	−C$2.7M	−C$2.0M	−C$153,749	C$177,358	C$828,521	C$818,150
Tangible book value	C$12.4M	C$3.5M	C$5.0M	C$6.6M	C$7.8M	C$8.6M	C$8.6M	C$9.6M	C$10.7M	C$11.2M	C$12.1M	C$13.2M
Shares outstanding	4.3M	3.2M	3.2M	3.2M	3.2M	3.2M	3.0M	3.1M	89.6M	2.9M	86.1M	2.9M
Current ratio	1.73	0.06	0.12	0.22	0.29	0.26	0.25	0.38	0.91	1.13	1.85	1.51
Quick ratio	1.62	0.02	0.07	0.15	0.09	0.04	0.05	0.07	0.20	0.33	0.74	0.94
Debt / equity	0.29	1.86	1.33	1.02	0.37	0.33	0.32	0.29	0.25	0.24	0.22	0.13
Equity / assets	68.2%	26.2%	35.2%	43.2%	54.8%	63.0%	61.7%	65.8%	70.8%	73.9%	77.2%	80.1%

Quarterly columns are labeled by the month the quarter ended. Figures in Canadian dollars as reported (latest annual report filed September 30, 2025); data from EODHD.

OPTH financial position

At the end of fiscal 2025 (September 30, 2025), Optimi Health Corp. had total assets of C$15.2 million (up 4.7% from a year earlier), total liabilities of C$8.7 million and shareholders' equity of C$6.6 million. It held C$1.1 million in cash and short-term investments against C$6.7 million of debt, net debt of C$5.5 million. Its current ratio was 0.22. In the latest quarter (ended June 30, 2026) total assets were C$18.2 million and equity C$12.4 million.

Related: OPTH income statement, OPTH cash flow statement, OPTH key metrics. See the OPTH stock overview for the latest quote and news.

OPTH balance sheet FAQ

What are Optimi Health Corp.'s total assets?

Optimi Health Corp. reported total assets of C$15.2 million at the end of fiscal 2025 (September 30, 2025), compared with C$14.6 million a year earlier.

How much debt does Optimi Health Corp. have?

Optimi Health Corp. had C$6.7 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.02.

How much cash does Optimi Health Corp. have?

Optimi Health Corp. held C$1.1 million in cash and short-term investments at the end of fiscal 2025; with C$6.7 million of debt that is net debt of C$5.5 million.

What is Optimi Health Corp.'s book value?

Optimi Health Corp.'s shareholders' equity (book value) was C$6.6 million at the end of fiscal 2025.

What is Optimi Health Corp.'s current ratio?

Optimi Health Corp. had current assets of C$1.8 million and current liabilities of C$8.5 million, a current ratio of 0.22 (current liabilities exceed current assets).