Reliq Health Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Reliq Health Technologies has a total shareholder equity of CA$13.4M and total debt of CA$40.0K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CA$22.3M and CA$8.9M respectively.
Key information
0.3%
Debt to equity ratio
CA$40.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$262.68k |
| Equity | CA$13.42m |
| Total liabilities | CA$8.87m |
| Total assets | CA$22.29m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: RHT's short term assets (CA$16.3M) exceed its short term liabilities (CA$8.8M).
Long Term Liabilities: RHT's short term assets (CA$16.3M) exceed its long term liabilities (CA$114.5K).
Debt to Equity History and Analysis
Debt Level: RHT has more cash than its total debt.
Reducing Debt: RHT's debt to equity ratio has increased from 0% to 0.3% over the 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: Insufficient data to determine if RHT has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if RHT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/07/30 17:46 |
| End of Day Share Price | 2024/07/26 00:00 |
| Earnings | 2023/03/31 |
| Annual Earnings | 2022/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Reliq Health Technologies Inc. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gabriel Leung | Beacon Securities Limited |
| Allen Klee | Maxim Group |
| David Kwan | Ventum Financial Corp |