LQR House Balance Sheet Health
Financial Health criteria checks 6/6
LQR House has a total shareholder equity of $11.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $12.2M and $485.7K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.64m |
| Equity | US$11.70m |
| Total liabilities | US$485.73k |
| Total assets | US$12.18m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LQR's short term assets ($6.6M) exceed its short term liabilities ($485.7K).
Long Term Liabilities: LQR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LQR is debt free.
Reducing Debt: LQR has not had any debt for 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: LQR has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: LQR is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.