Quarterhill Balance Sheet Health
Financial Health criteria checks 4/6
Quarterhill has a total shareholder equity of $139.0M and total debt of $56.7M, which brings its debt-to-equity ratio to 40.8%. Its total assets and total liabilities are $240.3M and $101.3M respectively.
Key information
40.8%
Debt to equity ratio
US$56.72m
Debt
Interest coverage ratio | n/a |
Cash | US$30.42m |
Equity | US$139.04m |
Total liabilities | US$101.30m |
Total assets | US$240.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QTRH.F's short term assets ($111.1M) exceed its short term liabilities ($75.3M).
Long Term Liabilities: QTRH.F's short term assets ($111.1M) exceed its long term liabilities ($26.0M).
Debt to Equity History and Analysis
Debt Level: QTRH.F's net debt to equity ratio (18.9%) is considered satisfactory.
Reducing Debt: QTRH.F's debt to equity ratio has increased from 1.5% to 40.8% 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.