Quarterhill Balance Sheet Health
Financial Health criteria checks 4/6
Quarterhill has a total shareholder equity of CA$190.1M and total debt of CA$76.4M, which brings its debt-to-equity ratio to 40.2%. Its total assets and total liabilities are CA$332.1M and CA$142.0M respectively.
Key information
40.2%
Debt to equity ratio
CA$76.36m
Debt
Interest coverage ratio | n/a |
Cash | CA$56.62m |
Equity | CA$190.06m |
Total liabilities | CA$142.02m |
Total assets | CA$332.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WJL's short term assets (CA$158.8M) exceed its short term liabilities (CA$54.2M).
Long Term Liabilities: WJL's short term assets (CA$158.8M) exceed its long term liabilities (CA$87.9M).
Debt to Equity History and Analysis
Debt Level: WJL's net debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: WJL's debt to equity ratio has increased from 1.5% to 40.2% 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: WJL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if WJL has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.