QMC Quantum Minerals Balance Sheet Health
Financial Health criteria checks 2/6
QMC Quantum Minerals has a total shareholder equity of CA$3.4M and total debt of CA$118.9K, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are CA$6.4M and CA$3.0M respectively.
Key information
3.5%
Debt to equity ratio
CA$118.90k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$183.45k |
| Equity | CA$3.38m |
| Total liabilities | CA$3.01m |
| Total assets | CA$6.39m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3LQ's short term assets (CA$280.8K) do not cover its short term liabilities (CA$3.0M).
Long Term Liabilities: 3LQ has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 3LQ has more cash than its total debt.
Reducing Debt: 3LQ's debt to equity ratio has increased from 0% to 3.5% 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: 3LQ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 3LQ has less than a year of cash runway if free cash flow continues to grow at historical rates of 28.4% each year.