Quantum eMotion Balance Sheet Health
Financial Health criteria checks 3/6
Quantum eMotion has a total shareholder equity of CA$2.2M and total debt of CA$40.0K, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are CA$2.5M and CA$348.4K respectively.
Key information
1.8%
Debt to equity ratio
CA$40.00k
Debt
Interest coverage ratio | n/a |
Cash | CA$1.67m |
Equity | CA$2.17m |
Total liabilities | CA$348.40k |
Total assets | CA$2.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QNC's short term assets (CA$1.8M) exceed its short term liabilities (CA$348.4K).
Long Term Liabilities: QNC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: QNC has more cash than its total debt.
Reducing Debt: QNC's debt to equity ratio has increased from 0% to 1.8% 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: QNC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: QNC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18.4% each year