OMNIQ Balance Sheet Health
Financial Health criteria checks 2/6
OMNIQ has a total shareholder equity of $-35.0M and total debt of $10.7M, which brings its debt-to-equity ratio to -30.6%. Its total assets and total liabilities are $39.5M and $74.5M respectively.
Key information
-30.6%
Debt to equity ratio
US$10.70m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.68m |
| Equity | -US$35.02m |
| Total liabilities | US$74.51m |
| Total assets | US$39.49m |
Recent financial health updates
Would OMNIQ (NASDAQ:OMQS) Be Better Off With Less Debt?
Aug 17
Is OMNIQ (NASDAQ:OMQS) A Risky Investment?
Mar 21Recent updates
Market Cool On OMNIQ Corp.'s (NASDAQ:OMQS) Revenues Pushing Shares 25% Lower
Apr 17OMNIQ Corp. (NASDAQ:OMQS) Just Reported, And Analysts Assigned A US$13.00 Price Target
Nov 18Israel’s Ministry of Health awards omniQ $10M
Oct 10omniQ secures a purchase order to deploy its AI- Machine Vision Solution at Duluth International Airport
Oct 04Would OMNIQ (NASDAQ:OMQS) Be Better Off With Less Debt?
Aug 17omniQ nabs initial order for U.S. casual fast-food chain
Aug 11OMNIQ nabs $1M in supply chain project
Aug 02OMNIQ nabs $4.1M purchase order for supply chain advanced equipment
Jul 21Is OMNIQ (NASDAQ:OMQS) A Risky Investment?
Mar 21Financial Position Analysis
Short Term Liabilities: OMQS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: OMQS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: OMQS has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: OMQS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: OMQS has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: OMQS has sufficient cash runway for 2.2 years if free cash flow continues to reduce at historical rates of 41.1% each year.