SQID Technologies Balance Sheet Health
Financial Health criteria checks 6/6
SQID Technologies has a total shareholder equity of A$82.6K and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$141.3K and A$58.7K respectively. SQID Technologies's EBIT is A$102.9K making its interest coverage ratio -20585. It has cash and short-term investments of A$50.0K.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | -20585x |
Cash | AU$49.97k |
Equity | AU$82.60k |
Total liabilities | AU$58.73k |
Total assets | AU$141.32k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SQID's short term assets (A$65.8K) exceed its short term liabilities (A$58.7K).
Long Term Liabilities: SQID has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SQID is debt free.
Reducing Debt: SQID has no debt compared to 5 years ago when its debt to equity ratio was 27%.
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 SQID has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SQID is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 29.8% per year.