AirIQ Balance Sheet Health
Financial Health criteria checks 6/6
AirIQ has a total shareholder equity of CA$8.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$9.3M and CA$1.1M respectively. AirIQ's EBIT is CA$412.0K making its interest coverage ratio -3.9. It has cash and short-term investments of CA$3.1M.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | -3.9x |
| Cash | CA$3.06m |
| Equity | CA$8.11m |
| Total liabilities | CA$1.14m |
| Total assets | CA$9.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EPXN's short term assets (CA$4.0M) exceed its short term liabilities (CA$1.1M).
Long Term Liabilities: EPXN's short term assets (CA$4.0M) exceed its long term liabilities (CA$82.0K).
Debt to Equity History and Analysis
Debt Level: EPXN is debt free.
Reducing Debt: EPXN had no debt 5 years ago.
Debt Coverage: EPXN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: EPXN has no debt, therefore coverage of interest payments is not a concern.