Q2 Metals Balance Sheet Health
Financial Health criteria checks 6/6
Q2 Metals has a total shareholder equity of CA$26.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$29.0M and CA$3.0M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$10.12m |
Equity | CA$26.07m |
Total liabilities | CA$2.97m |
Total assets | CA$29.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QTWO's short term assets (CA$11.0M) exceed its short term liabilities (CA$3.0M).
Long Term Liabilities: QTWO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: QTWO is debt free.
Reducing Debt: QTWO had no debt 5 years ago.
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: QTWO has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: QTWO has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 64.5% each year.