AirIQ Balance Sheet Health
Financial Health criteria checks 6/6
AirIQ has a total shareholder equity of CA$7.7M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$9.0M and CA$1.2M respectively. AirIQ's EBIT is CA$790.0K making its interest coverage ratio -9. It has cash and short-term investments of CA$3.0M.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | -9x |
Cash | CA$2.99m |
Equity | CA$7.72m |
Total liabilities | CA$1.24m |
Total assets | CA$8.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AILQ.F's short term assets (CA$4.1M) exceed its short term liabilities (CA$1.1M).
Long Term Liabilities: AILQ.F's short term assets (CA$4.1M) exceed its long term liabilities (CA$124.0K).
Debt to Equity History and Analysis
Debt Level: AILQ.F is debt free.
Reducing Debt: AILQ.F had no debt 5 years ago.
Debt Coverage: AILQ.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AILQ.F has no debt, therefore coverage of interest payments is not a concern.