Quantum eMotion Corp. (QNC) Balance Sheet

NYSE American: QNCAssets, liabilities, debt and equity over 10 years.

QNC balance sheet, 2025

December 31, 2025 · Canadian dollars

C$42.9M assets = C$647,855 liabilities + C$42.2M equity

What it ownsC$42.9MCash & ST investments: C$37.2M (86.7%)Cash & ST investmentsC$37.2M · 87%Receivables: C$454,243 (1.1%)Other current: C$103,021 (0.2%)PP&E: C$82,560 (0.2%)Goodwill & intangibles: C$307,084 (0.7%)LT investments: C$4.7M (11.1%)LT investments C$4.7M=How it is financedC$42.9MCurrent liabilities: C$630,896 (1.5%)Other LT liabilities: C$16,959 (0.0%)Shareholders’ equity: C$42.2M (98.5%)Shareholders’ equityC$42.2M · 98%

Both columns are drawn to the same scale: what QNC owns equals what it owes plus shareholders’ equity. Hover a block for its value.

QNC financial health

Debt / equity0.00
Low leverage · C$0.00 of debt for each $1 of equity
Equity / assets98.5%
Equity-funded · of assets funded by shareholders
Cash / debt66,437.9%
Cash covers debt · cash & short-term investments vs total debt
Goodwill & intangibles0.7%
Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

QNC balance sheet trends, 2016–2025

MetricTrendThenLatestChange
Total assetsC$1.5M2016C$42.9M2025+45.3%/yr
Total liabilitiesC$106,9802016C$647,8552025+22.2%/yr
Shareholders’ equityC$1.4M2016C$42.2M2025+46.3%/yr
Cash & short-term investmentsC$995,2632016C$37.2M2025+49.5%/yr
Total debtC$53,5722021C$55,9782025+1.1%/yr
Net cash (debt)C$2.0M2021C$37.1M2025+C$35.1M
Working capitalC$926,2292016C$37.1M2025+C$36.2M
Debt / equity0.0220210.002025−0.02
Shares outstanding15.4M2016186.7M2025+31.9%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

QNC assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

QNC liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

QNC debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

QNC balance sheet in Canadian dollars

2025202420232022202120202019201820172016
Assets
Cash & short-term investmentsC$37.2MC$1.4MC$1.1MC$3.5MC$2.1MC$20,135C$295,473C$906,617C$1.2MC$995,263
Cash & equivalentsC$246,653C$1.4MC$315,651C$2.6MC$1.0MC$20,135C$295,473C$906,617C$1.2MC$995,263
Short-term investmentsC$36.9MC$87,276C$765,921C$907,091C$1.0M—————
ReceivablesC$454,243C$46,644C$159,428C$117,844C$57,462C$7,483C$6,885C$51,705C$15,528C$26,633
InventoryC$0C$0C$0C$0C$0C$0C$0C$0C$0C$0
Other current assetsC$103,021C$34,619C$53,158C$35,534C$50,572C$5,358C$3,751C$16,167C$3,677C$11,313
Total current assetsC$37.7MC$1.5MC$1.3MC$3.6MC$2.2MC$32,976C$306,109C$974,489C$1.2MC$1.0M
Property, plant & equipment (net)C$82,560C$0C$0C$0C$0C$0C$0C$0C$0C$0
Goodwill & intangible assetsC$307,084C$329,167C$351,724C$370,713C$964,441C$641,025C$658,358C$618,522C$601,151C$449,401
Long-term investmentsC$4.7MC$0C$0C$0C$0C$0C$0C$0C$0C$0
Other non-current assetsC$0C$2C$3C$1C$2C$204C$977C$948C$174,824C$958
Total assetsC$42.9MC$1.9MC$1.6MC$4.0MC$3.1MC$674,205C$965,444C$1.6MC$2.0MC$1.5M
Liabilities
Short-term debtC$39,018—————————
Total current liabilitiesC$630,896C$472,936C$186,825C$374,431C$336,356C$419,960C$48,062C$62,550C$159,788C$106,980
Long-term debtC$0C$46,352C$40,000C$0C$53,572C$0C$0C$0C$0C$0
Lease obligationsC$55,978C$0————————
Other long-term liabilitiesC$16,959C$0C$3C$0C$407C$31,959C$0C$0C$0C$0
Total liabilitiesC$647,855C$519,256C$226,828C$374,431C$390,336C$451,921C$48,062C$62,550C$159,788C$106,980
Shareholders' equity
Common stock & paid-in capitalC$58.1MC$15.5MC$13.4MC$13.3MC$10.3MC$6.3MC$6.5MC$6.3MC$5.9MC$4.6M
Retained earnings (deficit)−C$26.7M−C$16.1M−C$13.2M−C$10.7M−C$8.0M−C$6.4M−C$6.4M−C$5.6M−C$4.8M−C$3.4M
Accumulated other comprehensive incomeC$295,240C$463,253———C$12,527C$804,172C$798,541C$692,751C$93,905
Total shareholders' equityC$42.2MC$1.3MC$1.4MC$3.6MC$2.7MC$222,283C$917,381C$1.5MC$1.8MC$1.4M
Key figures
Total debtC$55,978C$46,320C$40,000—C$53,572—————
Net cash (debt)C$37.1MC$1.4MC$1.0M—C$2.0M—————
Working capitalC$37.1MC$1.1MC$1.1MC$3.3MC$1.8M−C$386,984C$258,047C$911,939C$1.1MC$926,229
Tangible book valueC$41.9MC$1.0MC$1.1MC$3.3MC$1.8M−C$418,742C$259,023C$912,887C$1.2MC$927,186
Shares outstanding186.7M148.4M135.5M134.5M104.0M60.5M60.5M60.4M51.5M15.4M
Current ratio59.833.236.939.706.420.086.3715.587.679.66
Quick ratio59.673.166.649.606.270.076.2915.327.659.55
Debt / equity0.000.030.03—0.02—————
Equity / assets98.5%72.0%86.2%90.6%87.4%33.0%95.0%96.1%92.0%92.8%

Quarterly columns are labeled by the month the quarter ended. Figures in Canadian dollars as reported (latest annual report filed December 31, 2025); data from EODHD.

QNC financial position

At the end of fiscal 2025 (December 31, 2025), Quantum eMotion had total assets of C$42.9 million (up 2,210.5% from a year earlier), total liabilities of C$0.6 million and shareholders' equity of C$42.2 million. It held C$37.2 million in cash and short-term investments against C$0.1 million of debt, a net cash position of C$37.1 million. Its current ratio was 59.83. In the latest quarter (ended June 30, 2026) total assets were C$48.3 million and equity C$38.2 million.

Related: QNC income statement, QNC cash flow statement, QNC key metrics. See the QNC stock overview for the latest quote and news.

QNC balance sheet FAQ

What are Quantum eMotion's total assets?

Quantum eMotion reported total assets of C$42.9 million at the end of fiscal 2025 (December 31, 2025), compared with C$1.9 million a year earlier.

How much debt does Quantum eMotion have?

Quantum eMotion had C$0.1 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.00.

How much cash does Quantum eMotion have?

Quantum eMotion held C$37.2 million in cash and short-term investments at the end of fiscal 2025; with C$0.1 million of debt that is net cash of C$37.1 million.

What is Quantum eMotion's book value?

Quantum eMotion's shareholders' equity (book value) was C$42.2 million at the end of fiscal 2025.

What is Quantum eMotion's current ratio?

Quantum eMotion had current assets of C$37.7 million and current liabilities of C$0.6 million, a current ratio of 59.83 (it can cover its short-term obligations).

How much goodwill does Quantum eMotion have?

Quantum eMotion carried C$0.3 million of goodwill and intangible assets, 0.7% of total assets, at the end of fiscal 2025.

Software - Infrastructure: balance sheet