Quantum eMotion Balance Sheet Health
Financial Health criteria checks 3/6
Quantum eMotion has a total shareholder equity of CA$974.0K and total debt of CA$43.5K, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are CA$1.3M and CA$346.9K respectively.
Key information
4.5%
Debt to equity ratio
CA$43.52k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$804.44k |
| Equity | CA$973.98k |
| Total liabilities | CA$346.86k |
| Total assets | CA$1.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QNCC.F's short term assets (CA$980.2K) exceed its short term liabilities (CA$283.4K).
Long Term Liabilities: QNCC.F's short term assets (CA$980.2K) exceed its long term liabilities (CA$63.4K).
Debt to Equity History and Analysis
Debt Level: QNCC.F has more cash than its total debt.
Reducing Debt: QNCC.F's debt to equity ratio has increased from 0% to 4.5% 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: QNCC.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: QNCC.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 23% each year