QMC Quantum Minerals Balance Sheet Health
Financial Health criteria checks 2/6
QMC Quantum Minerals has a total shareholder equity of CA$3.5M and total debt of CA$118.9K, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are CA$6.4M and CA$2.9M respectively.
Key information
3.4%
Debt to equity ratio
CA$118.90k
Debt
Interest coverage ratio | n/a |
Cash | CA$289.53k |
Equity | CA$3.48m |
Total liabilities | CA$2.93m |
Total assets | CA$6.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QMC's short term assets (CA$412.6K) do not cover its short term liabilities (CA$2.9M).
Long Term Liabilities: QMC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: QMC has more cash than its total debt.
Reducing Debt: QMC's debt to equity ratio has increased from 0% to 3.4% 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: QMC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: QMC has less than a year of cash runway if free cash flow continues to grow at historical rates of 26.1% each year.