QuickLogic Balance Sheet Health
Financial Health criteria checks 5/6
QuickLogic has a total shareholder equity of $21.8M and total debt of $21.2M, which brings its debt-to-equity ratio to 97.1%. Its total assets and total liabilities are $47.5M and $25.6M respectively. QuickLogic's EBIT is $2.1M making its interest coverage ratio 10.1. It has cash and short-term investments of $23.2M.
Key information
97.1%
Debt to equity ratio
US$21.16m
Debt
| Interest coverage ratio | 10.1x |
| Cash | US$23.17m |
| Equity | US$21.81m |
| Total liabilities | US$25.65m |
| Total assets | US$47.45m |
Recent financial health updates
QuickLogic (NASDAQ:QUIK) Seems To Use Debt Quite Sensibly
Sep 06
Is QuickLogic (NASDAQ:QUIK) Weighed On By Its Debt Load?
Nov 17Is 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 07Recent updates
QuickLogic (NASDAQ:QUIK) Seems To Use Debt Quite Sensibly
Sep 06QuickLogic's (NASDAQ:QUIK) Earnings Are Of Questionable Quality
Aug 22Bearish: Analysts Just Cut Their QuickLogic Corporation (NASDAQ:QUIK) Revenue and EPS estimates
Aug 16Some Shareholders Feeling Restless Over QuickLogic Corporation's (NASDAQ:QUIK) P/S Ratio
Jul 13We Think Shareholders Will Probably Be Generous With QuickLogic Corporation's (NASDAQ:QUIK) CEO Compensation
May 03QuickLogic 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 07Financial Position Analysis
Short Term Liabilities: QUIK's short term assets ($29.9M) exceed its short term liabilities ($24.6M).
Long Term Liabilities: QUIK's short term assets ($29.9M) exceed its long term liabilities ($1.0M).
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 75.5% to 97.1% over the past 5 years.
Debt Coverage: QUIK's debt is well covered by operating cash flow (24.1%).
Interest Coverage: QUIK's interest payments on its debt are well covered by EBIT (10.1x coverage).