iQSTEL Balance Sheet Health
Financial Health criteria checks 6/6
iQSTEL has a total shareholder equity of $8.0M and total debt of $980.2K, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are $22.2M and $14.1M respectively.
Key information
12.2%
Debt to equity ratio
US$980.18k
Debt
Interest coverage ratio | n/a |
Cash | US$1.36m |
Equity | US$8.05m |
Total liabilities | US$14.11m |
Total assets | US$22.16m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IQST's short term assets ($15.7M) exceed its short term liabilities ($13.8M).
Long Term Liabilities: IQST's short term assets ($15.7M) exceed its long term liabilities ($268.8K).
Debt to Equity History and Analysis
Debt Level: IQST has more cash than its total debt.
Reducing Debt: IQST had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: IQST has sufficient cash runway for 10 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: IQST is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.