Quisitive Technology Solutions Balance Sheet Health
Financial Health criteria checks 5/6
Quisitive Technology Solutions has a total shareholder equity of $117.5M and total debt of $67.5M, which brings its debt-to-equity ratio to 57.5%. Its total assets and total liabilities are $234.6M and $117.1M respectively.
Key information
57.5%
Debt to equity ratio
US$67.51m
Debt
| Interest coverage ratio | n/a |
| Cash | US$7.02m |
| Equity | US$117.51m |
| Total liabilities | US$117.08m |
| Total assets | US$234.59m |
Recent financial health updates
We Think Quisitive Technology Solutions (CVE:QUIS) Can Stay On Top Of Its Debt
Apr 14
We Think Quisitive Technology Solutions (CVE:QUIS) Can Stay On Top Of Its Debt
Dec 24We Think Quisitive Technology Solutions (CVE:QUIS) Is Taking Some Risk With Its Debt
Aug 10Is Quisitive Technology Solutions (CVE:QUIS) Using Too Much Debt?
Apr 22These 4 Measures Indicate That Quisitive Technology Solutions (CVE:QUIS) Is Using Debt Extensively
Nov 11Recent updates
Quisitive Technology Solutions, Inc.'s (CVE:QUIS) Revenues Are Not Doing Enough For Some Investors
Jun 19We Think Quisitive Technology Solutions (CVE:QUIS) Can Stay On Top Of Its Debt
Apr 14We Think Quisitive Technology Solutions (CVE:QUIS) Can Stay On Top Of Its Debt
Dec 24We Think Quisitive Technology Solutions (CVE:QUIS) Is Taking Some Risk With Its Debt
Aug 10Is Quisitive Technology Solutions (CVE:QUIS) Using Too Much Debt?
Apr 22These 4 Measures Indicate That Quisitive Technology Solutions (CVE:QUIS) Is Using Debt Extensively
Nov 11This Just In: Analysts Are Boosting Their Quisitive Technology Solutions, Inc. (CVE:QUIS) Outlook for Next Year
Apr 12Is Quisitive Technology Solutions, Inc. (CVE:QUIS) Trading At A 41% Discount?
Mar 22If You Had Bought Quisitive Technology Solutions (CVE:QUIS) Shares A Year Ago You'd Have Earned 271% Returns
Jan 19Financial Position Analysis
Short Term Liabilities: QUIS's short term assets ($148.7M) exceed its short term liabilities ($115.5M).
Long Term Liabilities: QUIS's short term assets ($148.7M) exceed its long term liabilities ($1.6M).
Debt to Equity History and Analysis
Debt Level: QUIS's net debt to equity ratio (51.5%) is considered high.
Reducing Debt: QUIS's debt to equity ratio has reduced from 122% to 57.5% 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: Whilst unprofitable QUIS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: QUIS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 64.3% per year.