QuoteMedia Balance Sheet Health
Financial Health criteria checks 3/6
QuoteMedia has a total shareholder equity of $2.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $7.4M and $5.4M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$291.22k |
| Equity | US$2.02m |
| Total liabilities | US$5.37m |
| Total assets | US$7.39m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QMCI's short term assets ($1.7M) do not cover its short term liabilities ($5.1M).
Long Term Liabilities: QMCI's short term assets ($1.7M) exceed its long term liabilities ($311.1K).
Debt to Equity History and Analysis
Debt Level: QMCI is debt free.
Reducing Debt: QMCI 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: Insufficient data to determine if QMCI has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if QMCI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.