MQ Technology Berhad Balance Sheet Health
Financial Health criteria checks 4/6
MQ Technology Berhad has a total shareholder equity of MYR66.1M and total debt of MYR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are MYR69.2M and MYR3.1M respectively.
Key information
0%
Debt to equity ratio
RM0
Debt
| Interest coverage ratio | n/a |
| Cash | RM1.41m |
| Equity | RM66.13m |
| Total liabilities | RM3.05m |
| Total assets | RM69.18m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MQTECH's short term assets (MYR31.7M) exceed its short term liabilities (MYR1.4M).
Long Term Liabilities: MQTECH's short term assets (MYR31.7M) exceed its long term liabilities (MYR1.7M).
Debt to Equity History and Analysis
Debt Level: MQTECH is debt free.
Reducing Debt: MQTECH has no debt compared to 5 years ago when its debt to equity ratio was 13.8%.
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: MQTECH has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MQTECH has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.4% each year