QuickLogic Balance Sheet Health
Financial Health criteria checks 6/6
QuickLogic has a total shareholder equity of $22.2M and total debt of $21.4M, which brings its debt-to-equity ratio to 96.4%. Its total assets and total liabilities are $51.9M and $29.7M respectively. QuickLogic's EBIT is $1.3M making its interest coverage ratio 5.9. It has cash and short-term investments of $27.3M.
Key information
96.4%
Debt to equity ratio
US$21.44m
Debt
Interest coverage ratio | 5.9x |
Cash | US$27.30m |
Equity | US$22.25m |
Total liabilities | US$29.68m |
Total assets | US$51.93m |
Recent financial health updates
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 07Is QuickLogic (NASDAQ:QUIK) A Risky Investment?
Oct 20Recent updates
We 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 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 ($35.3M) exceed its short term liabilities ($28.5M).
Long Term Liabilities: QUIK's short term assets ($35.3M) exceed its long term liabilities ($1.2M).
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 reduced from 97% to 96.4% over the past 5 years.
Debt Coverage: QUIK's debt is well covered by operating cash flow (24.7%).
Interest Coverage: QUIK's interest payments on its debt are well covered by EBIT (5.9x coverage).