QuickLogic Balance Sheet Health
Financial Health criteria checks 4/6
QuickLogic has a total shareholder equity of $16.9M and total debt of $21.4M, which brings its debt-to-equity ratio to 126.7%. Its total assets and total liabilities are $47.8M and $30.9M respectively. QuickLogic's EBIT is $70.0K making its interest coverage ratio 0.3. It has cash and short-term investments of $24.6M.
Key information
126.7%
Debt to equity ratio
US$21.41m
Debt
Interest coverage ratio | 0.3x |
Cash | US$24.61m |
Equity | US$16.90m |
Total liabilities | US$30.90m |
Total assets | US$47.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0A4Q's short term assets ($34.6M) exceed its short term liabilities ($29.6M).
Long Term Liabilities: 0A4Q's short term assets ($34.6M) exceed its long term liabilities ($1.3M).
Debt to Equity History and Analysis
Debt Level: 0A4Q has more cash than its total debt.
Reducing Debt: 0A4Q's debt to equity ratio has increased from 87% to 126.7% 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: 0A4Q has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 0A4Q has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.