QHSLab Balance Sheet Health
Financial Health criteria checks 3/6
QHSLab has a total shareholder equity of $676.1K and total debt of $1.4M, which brings its debt-to-equity ratio to 209.1%. Its total assets and total liabilities are $2.2M and $1.5M respectively.
Key information
209.1%
Debt to equity ratio
US$1.41m
Debt
| Interest coverage ratio | n/a |
| Cash | US$155.56k |
| Equity | US$676.11k |
| Total liabilities | US$1.50m |
| Total assets | US$2.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: E1Z's short term assets ($396.7K) do not cover its short term liabilities ($1.0M).
Long Term Liabilities: E1Z's short term assets ($396.7K) do not cover its long term liabilities ($466.8K).
Debt to Equity History and Analysis
Debt Level: E1Z's net debt to equity ratio (186.1%) is considered high.
Reducing Debt: E1Z had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: E1Z has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: E1Z is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.