QX Resources has a total shareholder equity of A$6.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$6.5M and A$238.4K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio
n/a
Cash
AU$655.55k
Equity
AU$6.23m
Total liabilities
AU$238.39k
Total assets
AU$6.47m
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QXR's short term assets (A$665.7K) exceed its short term liabilities (A$238.4K).
Long Term Liabilities: QXR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: QXR is debt free.
Reducing Debt: QXR had no debt 5 years ago.
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: QXR has sufficient cash runway for 7 months based on last reportedfree cash flow, but has since raised additional capital.
Forecast Cash Runway: QXR is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.