QuoteMedia Balance Sheet Health
Financial Health criteria checks 5/6
QuoteMedia has a total shareholder equity of $2.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $7.2M and $4.4M respectively. QuoteMedia's EBIT is $411.4K making its interest coverage ratio 222.9. It has cash and short-term investments of $342.0K.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 222.9x |
Cash | US$342.01k |
Equity | US$2.74m |
Total liabilities | US$4.44m |
Total assets | US$7.18m |
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 ($3.9M).
Long Term Liabilities: QMCI's short term assets ($1.7M) exceed its long term liabilities ($567.3K).
Debt to Equity History and Analysis
Debt Level: QMCI is debt free.
Reducing Debt: QMCI had no debt 5 years ago.
Debt Coverage: QMCI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: QMCI has no debt, therefore coverage of interest payments is not a concern.