Quisitive Technology Solutions Balance Sheet Health
Financial Health criteria checks 5/6
Quisitive Technology Solutions has a total shareholder equity of $124.7M and total debt of $67.5M, which brings its debt-to-equity ratio to 54.1%. Its total assets and total liabilities are $240.1M and $115.4M respectively. Quisitive Technology Solutions's EBIT is $1.2M making its interest coverage ratio 0.2. It has cash and short-term investments of $6.6M.
Key information
54.1%
Debt to equity ratio
US$67.49m
Debt
Interest coverage ratio | 0.2x |
Cash | US$6.65m |
Equity | US$124.70m |
Total liabilities | US$115.39m |
Total assets | US$240.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QUIS.F's short term assets ($126.4M) exceed its short term liabilities ($114.0M).
Long Term Liabilities: QUIS.F's short term assets ($126.4M) exceed its long term liabilities ($1.4M).
Debt to Equity History and Analysis
Debt Level: QUIS.F's net debt to equity ratio (48.8%) is considered high.
Reducing Debt: QUIS.F's debt to equity ratio has reduced from 161.4% to 54.1% 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: Whilst unprofitable QUIS.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: QUIS.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 61% per year.