Quantum Energy Balance Sheet Health
Financial Health criteria checks 3/6
Quantum Energy has a total shareholder equity of $15.4M and total debt of $30.0K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are $28.7M and $13.3M respectively.
Key information
0.2%
Debt to equity ratio
US$30.00k
Debt
Interest coverage ratio | n/a |
Cash | US$10.03m |
Equity | US$15.35m |
Total liabilities | US$13.30m |
Total assets | US$28.66m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QREE's short term assets ($10.8M) do not cover its short term liabilities ($13.3M).
Long Term Liabilities: QREE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: QREE has more cash than its total debt.
Reducing Debt: QREE had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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 QREE has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if QREE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.