QcX Gold Balance Sheet Health
Financial Health criteria checks 4/6
QcX Gold has a total shareholder equity of CA$4.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$4.2M and CA$103.0K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$67.72k |
Equity | CA$4.13m |
Total liabilities | CA$103.02k |
Total assets | CA$4.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QCX's short term assets (CA$119.6K) exceed its short term liabilities (CA$103.0K).
Long Term Liabilities: QCX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: QCX is debt free.
Reducing Debt: QCX currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: QCX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: QCX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 8.1% each year