Management has successfully improved the capital structure by reducing total debt to $15.3 million, though the current ratio of 0.94 suggests a tight liquidity buffer.
| Metric | TTM | Jan'26 | Jan'25 | Jan'24 | Jan'23 | Jan'22 | Jan'21 | Jan'20 | Jan'19 | Jan'18 | Jan'17 | Jan'16 | Jan'15 | Jan'14 | Jan'13 |
|---|
| Total Current Assets | 67.37M | 66.74M | 56.18M | 63.68M | 74.61M | 66.03M | 55.99M | 48.02M | 61.91M | 65.12M | 67.26M | 69.5M | 24.8M | 15.56M | 13.57M |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | 17.16M | 20.14M | 17.87M | 17.54M | 24.14M | 19.67M | 17.3M | 11.68M | 15.37M | 4.48M | 3.99M | 27.41M | 9.13M | 6.36M | 6.3M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 2.72M | 11.61M | 11.01M | 14.38M | 27.25M | 47.31M | 49.21M | 27.99M | 0 | 0 | 0 |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Inventory | 18M | 16.17M | 13.07M | 19.78M | 26.25M | 13.84M | 12.23M | 8.37M | 10.12M | 6.08M | 5.83M | 5.01M | 8.08M | 4.88M | 3.88M |
| Days Inventory Outstanding | 52.32 | 55.5 | 47.3 | 80.67 | 122.01 | 68.41 | 69.61 | 49.1 | 70.02 | 47.82 | 47.08 | 43.69 | 80.32 | 56.55 | 55.62 |
| Other Current Assets | 19.87M | 18.59M | 17.2M | 16.5M | 14.37M | 7.59M | 10.22M | 4.8M | 2.77M | 2.48M | 1.62M | 3.33M | 2.25M | 2.19M | 2.28M |
| Total Non-Current Assets | 159.49M | 160.8M | 93.02M | 95.57M | 56.4M | 43.22M | 33.1M | 32.44M | 16.48M | 8.31M | 6.08M | 7.03M | 6.48M | 2.15M | 1.43M |
| Property, Plant & Equipment | 28.07M | 27.53M | 27.29M | 26.94M | 20.7M | 20.88M | 11.12M | 13.17M | 4.56M | 4.73M | 4.18M | 4.29M | 2.89M | 1.37M | 1.32M |
| Fixed Asset Turnover | 10.54x | 9.94x | 9.41x | 8.79x | 10.44x | 9.21x | 15.20x | 11.51x | 28.32x | 24.19x | 25.03x | 20.69x | 24.96x | 39.26x | 29.72x |
| Goodwill | 50.43M | 49.83M | 23.07M | 23.07M | 8.65M | 4.26M | 4.26M | 4.26M | 3.9M | 1.95M | 1.12M | 1.12M | 1.12M | 0 | 0 |
| Intangible Assets | 59.32M | 62.48M | 22.18M | 27.95M | 10.46M | 4.21M | 5.51M | 6.82M | 2.63M | 1.29M | 537K | 885K | 1.28M | 90K | 106K |
| Long-Term Investments | 3.3M | 0 | 3.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 226.86M | 227.54M | 149.19M | 159.25M | 131M | 109.25M | 89.1M | 80.45M | 78.39M | 73.43M | 73.34M | 76.54M | 31.28M | 17.72M | 15.73M |
| Asset Turnover | 1.53x | 1.20x | 1.72x | 1.49x | 1.65x | 1.76x | 1.90x | 1.88x | 1.65x | 1.56x | 1.43x | 1.16x | 2.31x | 3.03x | 2.49x |
| Asset Growth % | 106.17% | 52.51% | -6.32% | 21.56% | 19.91% | 22.62% | 10.75% | 2.63% | 6.75% | 0.13% | -4.18% | 144.7% | 76.55% | 12.62% | - |
| Total Current Liabilities | 71.66M | 71.73M | 51.66M | 51.48M | 57.4M | 46.93M | 46.66M | 46.87M | 44.72M | 35.79M | 32.96M | 33.46M | 30.66M | 22.52M | 17.47M |
| Accounts Payable | 14.35M | 8.28M | 6.01M | 7.85M | 13.46M | 7.51M | 7.5M | 8.5M | 10.23M | 5.45M | 5.86M | 4.79M | 3.97M | 5.24M | 0 |
| Days Payables Outstanding | 29.51 | 28.4 | 21.74 | 32 | 62.58 | 37.1 | 42.67 | 49.86 | 70.81 | 42.9 | 47.3 | 41.73 | 39.43 | 60.83 | - |
| Short-Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Revenue (Current) | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 35.59M | 39.29M | -546K | 14.29M | 9.49M | 8.71M | 7.84M | 10.37M | 11.12M | 5.59M | 7.03M | 8.85M | 474K | 8.27M | 14.02M |
| Current Ratio | 0.94x | 0.93x | 1.09x | 1.24x | 1.30x | 1.41x | 1.20x | 1.02x | 1.38x | 1.82x | 2.04x | 2.08x | 0.81x | 0.69x | 0.78x |
| Quick Ratio | 0.69x | 0.70x | 0.83x | 0.85x | 0.84x | 1.11x | 0.94x | 0.85x | 1.16x | 1.65x | 1.86x | 1.93x | 0.55x | 0.47x | 0.55x |
| Cash Conversion Cycle | 22.81 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 59.32M | 62.89M | 12.26M | 29.69M | 10.46M | 11.27M | 2.89M | 5.16M | 619K | 577K | 561K | 182K | 45.76M | 35.05M | 2.42M |
| Long-Term Debt | 10.63M | 51.51M | 0 | 16M | 10.43M | 11.19M | 2.81M | 0 | 0 | 0 | 0 | 0 | 9.77M | 975K | 2.42M |
| Capital Lease Obligations | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 130.97M | 134.62M | 63.92M | 81.17M | 67.86M | 58.2M | 49.55M | 52.04M | 45.34M | 36.36M | 33.52M | 33.65M | 76.42M | 57.58M | 20.04M |
| Total Debt | 15.25M | 68.88M | 15.95M | 29.68M | 14.04M | 14.45M | 2.81M | 4.99M | 4.55M | 0 | 0 | 632K | 11.96M | 2.42M | 0 |
| Net Debt | -1.91M | 48.73M | -1.92M | 12.14M | -10.09M | -5.21M | -14.48M | -6.69M | -10.82M | -4.48M | -3.99M | -26.78M | 2.83M | -3.95M | -6.3M |
| Debt / Equity | 0.16x | 0.74x | 0.19x | 0.38x | 0.22x | 0.28x | 0.07x | 0.18x | 0.14x | - | - | 0.01x | - | - | - |
| Debt / EBITDA | 0.63x | 3.71x | 2.57x | 3.85x | 4.28x | 2.66x | 0.61x | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | -0.08x | 2.62x | -0.31x | 1.58x | -3.08x | -0.96x | -3.15x | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | -2.37x | - | - | - | - | - | - | - | -14.22x | -17.77x | -6.43x | -5.92x |
| Total Equity | 95.88M | 92.92M | 85.28M | 78.09M | 63.14M | 51.06M | 39.55M | 28.41M | 33.05M | 37.07M | 39.82M | 42.89M | -45.15M | -39.86M | -4.31M |
| Equity Growth % | 33.72% | 8.96% | 9.21% | 23.66% | 23.68% | 29.09% | 39.19% | -14.02% | -10.85% | -6.91% | -7.16% | 195% | -13.26% | -824.8% | - |
| Book Value per Share | 3.41 | 3.34 | 3.20 | 3.05 | 2.58 | 2.18 | 1.77 | 1.35 | 1.67 | 2.00 | 2.28 | 2.53 | -3.91 | -3.45 | -0.37 |
| Total Shareholders' Equity | 95.88M | 92.92M | 85.28M | 78.09M | 63.14M | 51.06M | 39.55M | 28.41M | 33.05M | 37.07M | 39.82M | 42.89M | -45.15M | -39.86M | -4.31M |
| Common Stock | 5K | 5K | 5K | 5K | 5K | 4K | 4K | 4K | 4K | 2K | 2K | 2K | 0 | 0 | 0 |
| Retained Earnings | -131.14M | -133.72M | -140.18M | -133.28M | -132.44M | -128.79M | -127.04M | -124.6M | -105.8M | -90.93M | -77.81M | -64.81M | -50.76M | -44.35M | -42.35M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | -1K | -23K | -20K | 7K | 14K | -10K | -84K | -11K | 17K | -4.23M | -3.34M | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
SMB market cyclical sensitivity
According to recent quarterly filings, Ooma's total assets surged from $159.3 million in 2024Q4 to $226.9 million by 2027Q1, a trend largely driven by a significant increase in goodwill and intangible assets that suggests a shift toward inorganic growth to supplement core service expansion.
The rapid expansion of the asset base appears to be a strategic pivot, likely intended to bolster the company's competitive positioning in the UCaaS space. Investors should monitor whether this increase in intangible assets will eventually translate into sustained revenue synergies or if it risks future impairment charges.
Based on reported financial statements, Ooma has successfully reduced its total debt from $33.4 million in 2024Q4 to $15.3 million in 2027Q1, effectively lowering the debt-to-equity ratio to a conservative 0.16 and signaling a management preference for a cleaner, less leveraged capital structure.
This reduction in debt obligations appears to provide the company with greater operational flexibility, particularly in a volatile interest rate environment. The lower leverage profile suggests that the business is increasingly capable of funding its own growth initiatives through internal cash generation rather than external financing.
As reported in recent balance sheets, Ooma's current ratio has fluctuated near parity, sitting at 0.94 in 2027Q1, which indicates that the company maintains a relatively thin liquidity buffer relative to its short-term obligations and ongoing operational requirements in the competitive telecommunications sector.
The proximity of the current ratio to 1.0 suggests that the company has limited room for error regarding working capital management. While the current cash position appears sufficient for day-to-day operations, any unexpected spike in churn or supply chain costs could necessitate a more aggressive approach to liquidity management.
Data from historical filings reveals that Ooma continues to carry a significant accumulated deficit, with retained earnings standing at negative $131.1 million as of 2027Q1, a figure that highlights the long-term impact of historical operating losses despite recent improvements in quarterly profitability metrics.
The persistent negative retained earnings balance serves as a reminder of the capital-intensive nature of the company's historical transition from residential to business services. Investors should interpret this as a legacy of past growth investments rather than a reflection of current operational viability, though it remains a structural hurdle for the balance sheet.
Based on the 2027Q1 balance sheet, goodwill has risen to $50.4 million, representing over 22% of total assets, which warrants further investigation into the underlying valuation of recent acquisitions and the potential for future write-downs if expected synergies fail to materialize in the SMB segment.
The concentration of goodwill suggests that the company's book value is increasingly sensitive to the performance of acquired assets. If the integration of these businesses does not meet management's growth expectations, the balance sheet could face non-cash impairment risks that would negatively impact shareholder equity.
Quick answers to the most common questions about buying OOMA stock.
As of 2026, Ooma, Inc. (OOMA) had total assets of $227.5M including $66.7M in current assets.
Ooma, Inc. (OOMA) carries total debt of $68.9M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Ooma, Inc. (OOMA) has total shareholders' equity (book value) of $92.9M ($3.34 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Ooma, Inc. (OOMA) reported a current ratio of 0.93x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.