Quisitive Technology Solutions Balance Sheet Health
Financial Health criteria checks 4/6
Quisitive Technology Solutions has a total shareholder equity of $201.6M and total debt of $69.9M, which brings its debt-to-equity ratio to 34.7%. Its total assets and total liabilities are $317.8M and $116.2M respectively. Quisitive Technology Solutions's EBIT is $1.7M making its interest coverage ratio 0.3. It has cash and short-term investments of $5.6M.
Key information
34.7%
Debt to equity ratio
US$69.93m
Debt
Interest coverage ratio | 0.3x |
Cash | US$5.61m |
Equity | US$201.64m |
Total liabilities | US$116.17m |
Total assets | US$317.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: N0C's short term assets ($39.5M) do not cover its short term liabilities ($107.2M).
Long Term Liabilities: N0C's short term assets ($39.5M) exceed its long term liabilities ($9.0M).
Debt to Equity History and Analysis
Debt Level: N0C's net debt to equity ratio (31.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if N0C's debt to equity ratio has reduced 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 N0C has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: N0C is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 68.8% per year.