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.