Quantum Graphite Balance Sheet Health
Financial Health criteria checks 3/6
Quantum Graphite has a total shareholder equity of A$17.6M and total debt of A$1.3M, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are A$20.9M and A$3.3M respectively.
Key information
7.4%
Debt to equity ratio
AU$1.30m
Debt
Interest coverage ratio | n/a |
Cash | AU$974.45k |
Equity | AU$17.65m |
Total liabilities | AU$3.27m |
Total assets | AU$20.92m |
Recent financial health updates
No updates
Recent updates
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Financial Position Analysis
Short Term Liabilities: VLQC.F's short term assets (A$1.4M) do not cover its short term liabilities (A$2.7M).
Long Term Liabilities: VLQC.F's short term assets (A$1.4M) exceed its long term liabilities (A$558.4K).
Debt to Equity History and Analysis
Debt Level: VLQC.F's net debt to equity ratio (1.8%) is considered satisfactory.
Reducing Debt: VLQC.F's debt to equity ratio has reduced from 2275.8% to 7.4% over the past 5 years.
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: VLQC.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VLQC.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 34.7% each year