Quantum Battery Metals Balance Sheet Health
Financial Health criteria checks 4/6
Quantum Battery Metals has a total shareholder equity of CA$7.6M and total debt of CA$717.5K, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are CA$9.4M and CA$1.8M respectively.
Key information
9.5%
Debt to equity ratio
CA$717.48k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$47.57k |
| Equity | CA$7.56m |
| Total liabilities | CA$1.80m |
| Total assets | CA$9.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QBAT's short term assets (CA$73.8K) do not cover its short term liabilities (CA$1.8M).
Long Term Liabilities: QBAT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: QBAT's net debt to equity ratio (8.9%) is considered satisfactory.
Reducing Debt: QBAT's debt to equity ratio has increased from 5.6% to 9.5% 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: QBAT has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: QBAT is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.