QuickLogic Balance Sheet Health
Financial Health criteria checks 4/6
QuickLogic has a total shareholder equity of $16.9M and total debt of $21.4M, which brings its debt-to-equity ratio to 126.7%. Its total assets and total liabilities are $47.8M and $30.9M respectively. QuickLogic's EBIT is $70.0K making its interest coverage ratio 0.3. It has cash and short-term investments of $24.6M.
Key information
126.7%
Debt to equity ratio
US$21.41m
Debt
| Interest coverage ratio | 0.3x |
| Cash | US$24.61m |
| Equity | US$16.90m |
| Total liabilities | US$30.90m |
| Total assets | US$47.79m |
Recent financial health updates
Is QuickLogic (NASDAQ:QUIK) Weighed On By Its Debt Load?
Nov 17
Is QuickLogic (NASDAQ:QUIK) A Risky Investment?
Aug 11Does QuickLogic (NASDAQ:QUIK) Have A Healthy Balance Sheet?
Mar 28QuickLogic (NASDAQ:QUIK) Has Debt But No Earnings; Should You Worry?
Jul 14Is QuickLogic (NASDAQ:QUIK) Using Debt In A Risky Way?
Feb 07Is QuickLogic (NASDAQ:QUIK) A Risky Investment?
Oct 20Recent updates
QuickLogic Corporation's (NASDAQ:QUIK) Shares Climb 49% But Its Business Is Yet to Catch Up
Mar 19Is QuickLogic Corporation (NASDAQ:QUIK) Trading At A 23% Discount?
Feb 29Market Participants Recognise QuickLogic Corporation's (NASDAQ:QUIK) Revenues Pushing Shares 26% Higher
Jan 06Is There Now An Opportunity In QuickLogic Corporation (NASDAQ:QUIK)?
Dec 14Is QuickLogic (NASDAQ:QUIK) Weighed On By Its Debt Load?
Nov 17QuickLogic Corporation's (NASDAQ:QUIK) Intrinsic Value Is Potentially 94% Above Its Share Price
Oct 10Is QuickLogic (NASDAQ:QUIK) A Risky Investment?
Aug 11QuickLogic Corporation's (NASDAQ:QUIK) Earnings Haven't Escaped The Attention Of Investors
May 18Does QuickLogic (NASDAQ:QUIK) Have A Healthy Balance Sheet?
Mar 28Is QuickLogic Corporation (NASDAQ:QUIK) Trading At A 43% Discount?
Nov 13Everspin secures contract to integrate MRAM IP directly into the FPGA product
Oct 20QuickLogic raises gross proceeds of ~$3.2M in registered direct offering
Sep 20QuickLogic bags $6.9M contract for Strategic Radiation Hardened FPGA Technology
Sep 08QuickLogic Corporation (NASDAQ:QUIK) Released Earnings Last Week And Analysts Lifted Their Price Target To US$11.00
Aug 18QuickLogic GAAP EPS of -$0.04, revenue of $4.54M
Aug 16QuickLogic (NASDAQ:QUIK) Has Debt But No Earnings; Should You Worry?
Jul 14Is QuickLogic (NASDAQ:QUIK) Using Debt In A Risky Way?
Feb 07Is QuickLogic (NASDAQ:QUIK) A Risky Investment?
Oct 20QuickLogic (QUIK) Presents At 16th Annual Virtual Technology & Media Virtual Conference - Slideshow
Jun 04Does QuickLogic (NASDAQ:QUIK) Have A Healthy Balance Sheet?
Mar 15Financial Position Analysis
Short Term Liabilities: QUIK's short term assets ($34.6M) exceed its short term liabilities ($29.6M).
Long Term Liabilities: QUIK's short term assets ($34.6M) exceed its long term liabilities ($1.3M).
Debt to Equity History and Analysis
Debt Level: QUIK has more cash than its total debt.
Reducing Debt: QUIK's debt to equity ratio has increased from 87% to 126.7% 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: QUIK has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if QUIK has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.