Quetta Acquisition Corp Financials
This page shows Quetta Acquisition Corp (QETAU) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
For every $1 of reported earnings, Quetta Acquisition Corp generates $-0.28 in operating cash flow (-$584K OCF vs $2.1M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Key Financial Metrics
Quetta Acquisition Corp reported $2.1M in net income in fiscal year 2024.
Quetta Acquisition Corp held $1.6M in cash against $0 in long-term debt as of fiscal year 2024.
Quetta Acquisition Corp had 2M shares outstanding in fiscal year 2024.
QETAU Income Statement
| Metric | Q3'25 | Q3'24 | Q4'23 | Q3'23 | Q3'22 |
|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | $30K | N/A | N/A | N/A |
| Operating Income | -$194K-33.4% | -$146K | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A |
| Income Tax | $37K-81.0% | $195K | N/A | N/A | N/A |
| Net Income | -$35K-105.8% | $604K | N/A | $3K0.0% | $3K |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A |
QETAU Balance Sheet
| Metric | Q3'25 | Q3'24 | Q4'23 | Q3'23 | Q3'22 |
|---|---|---|---|---|---|
| Total Assets | $19.0M-74.6% | $74.7M+4.9% | $71.2M+17106.3% | $414K | N/A |
| Current Assets | $70K-95.6% | $1.6M+119.1% | $718K | N/A | N/A |
| Cash & Equivalents | $9K-99.4% | $1.6M | $0 | $0 | N/A |
| Inventory | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $23.9M-69.0% | $77.2M+5.7% | $73.0M+18840.1% | $385K | N/A |
| Current Liabilities | $2.5M+53.3% | $1.6M+590.6% | $232K-39.8% | $385K | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$4.9M-98.0% | -$2.5M-41.4% | -$1.7M-6178.2% | $29K | N/A |
| Retained Earnings | -$4.9M-98.0% | -$2.5M-41.4% | -$1.7M-47408.7% | $4K | N/A |
QETAU Cash Flow Statement
| Metric | Q3'25 | Q3'24 | Q4'23 | Q3'23 | Q3'22 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$295K+2.7% | -$304K-88.4% | -$161K-5567.0% | $3K | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$21K | N/A | N/A | N/A | N/A |
| Financing Cash Flow | $100K | N/A | $70.2M+210024.5% | -$33K | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A |
QETAU Financial Ratios
| Metric | Q3'25 | Q3'24 | Q4'23 | Q3'23 | Q3'22 |
|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | 10.3% | N/A |
| Return on Assets | -0.2%-1.0pp | 0.8% | N/A | 0.7% | N/A |
| Current Ratio | 0.03-1.0 | 0.98-2.1 | 3.10 | N/A | N/A |
| Debt-to-Equity | -4.89+26.4 | -31.29+10.6 | -41.85-55.3 | 13.43 | N/A |
| FCF Margin | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$2.5M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.98), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
Is Quetta Acquisition Corp profitable?
Yes, Quetta Acquisition Corp (QETAU) reported a net income of $2.1M in fiscal year 2024.
What is Quetta Acquisition Corp's operating cash flow?
Quetta Acquisition Corp (QETAU) generated -$584K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Quetta Acquisition Corp's total assets?
Quetta Acquisition Corp (QETAU) had $74.7M in total assets as of fiscal year 2024, including both current and long-term assets.
How many shares does Quetta Acquisition Corp have outstanding?
Quetta Acquisition Corp (QETAU) had 2M shares outstanding as of fiscal year 2024.
What is Quetta Acquisition Corp's current ratio?
Quetta Acquisition Corp (QETAU) had a current ratio of 0.98 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Quetta Acquisition Corp's debt-to-equity ratio?
Quetta Acquisition Corp (QETAU) had a debt-to-equity ratio of -31.29 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Quetta Acquisition Corp's return on assets (ROA)?
Quetta Acquisition Corp (QETAU) had a return on assets of 2.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Quetta Acquisition Corp's cash runway?
Based on fiscal year 2024 data, Quetta Acquisition Corp (QETAU) had $1.6M in cash against an annual operating cash burn of $584K. This gives an estimated cash runway of approximately 32 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is Quetta Acquisition Corp's debt-to-equity ratio negative or unusual?
Quetta Acquisition Corp (QETAU) has negative shareholder equity of -$2.5M as of fiscal year 2024, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
Are Quetta Acquisition Corp's earnings high quality?
Quetta Acquisition Corp (QETAU) has an earnings quality ratio of -0.28x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.