Quarterhill Balance Sheet Health
Financial Health criteria checks 4/6
Quarterhill has a total shareholder equity of $136.4M and total debt of $56.3M, which brings its debt-to-equity ratio to 41.2%. Its total assets and total liabilities are $241.9M and $105.4M respectively.
Key information
41.2%
Debt to equity ratio
US$56.26m
Debt
| Interest coverage ratio | n/a |
| Cash | US$24.04m |
| Equity | US$136.44m |
| Total liabilities | US$105.44m |
| Total assets | US$241.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QTRH.F's short term assets ($108.6M) exceed its short term liabilities ($79.3M).
Long Term Liabilities: QTRH.F's short term assets ($108.6M) exceed its long term liabilities ($26.2M).
Debt to Equity History and Analysis
Debt Level: QTRH.F's net debt to equity ratio (23.6%) is considered satisfactory.
Reducing Debt: QTRH.F's debt to equity ratio has increased from 2.4% to 41.2% 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: QTRH.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if QTRH.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.