QMines Balance Sheet Health
Financial Health criteria checks 3/6
QMines has a total shareholder equity of A$18.6M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$21.0M and A$2.3M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.13m |
| Equity | AU$18.63m |
| Total liabilities | AU$2.33m |
| Total assets | AU$20.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QML's short term assets (A$1.7M) do not cover its short term liabilities (A$2.3M).
Long Term Liabilities: QML has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: QML is debt free.
Reducing Debt: QML has not had any debt for 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: QML has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: QML has less than a year of cash runway if free cash flow continues to reduce at historical rates of 2.2% each year