EpicQuest Education Group International Balance Sheet Health
Financial Health criteria checks 6/6
EpicQuest Education Group International has a total shareholder equity of $10.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $19.2M and $8.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$4.97m |
Equity | US$10.93m |
Total liabilities | US$8.28m |
Total assets | US$19.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EEIQ's short term assets ($8.7M) exceed its short term liabilities ($6.9M).
Long Term Liabilities: EEIQ's short term assets ($8.7M) exceed its long term liabilities ($1.4M).
Debt to Equity History and Analysis
Debt Level: EEIQ is debt free.
Reducing Debt: EEIQ had no debt 5 years ago.
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: EEIQ has sufficient cash runway for 11 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: EEIQ is forecast to have sufficient cash runway for 10 months based on free cash flow estimates, but has since raised additional capital.