iQ International AG in Liquidation

The company's capital structure is characterized by a high debt-to-equity ratio of 1.27, indicating a significant reliance on debt financing. The liquidity position is weak, as evidenced by a current ratio of 0.37, suggesting the company may struggle to meet its short-term obligations [doc:HA-latest]. The market capitalization of 447,550.84 CHF is significantly lower than the total assets of 44,117,000 CHF, with a price-to-book ratio of 0.04, indicating a substantial discount to book value [doc:HA-latest]. Profitability metrics are severely negative, with a net income of -27,424,000 CHF and an operating income of -24,896,000 CHF. The return on equity is -2.1624, and the return on assets is -0.6216, both well below industry norms for a company in the Auto, Truck & Motorcycle Parts industry [doc:HA-latest]. The gross profit of 19,000 CHF is minimal compared to the revenue of 5,840,000 CHF, indicating significant cost pressures [doc:HA-latest]. The company's revenue is concentrated in two segments: Batteries and Licensing. The Batteries segment focuses on the development, manufacture, and distribution of lead acid batteries for the automotive SLI and storage markets, while the Licensing segment generates royalties from battery technology [doc:HA-latest]. There is no disclosed geographic revenue breakdown, but the company is based in Switzerland, suggesting a potential concentration in European markets [doc:HA-latest]. The company's growth trajectory is negative, with a net income decline and a free cash flow of -26,610,000 CHF. The operating cash flow is -7,255,000 CHF, indicating a cash outflow from operations [doc:HA-latest]. The capital expenditure of -88,000 CHF is minimal, suggesting a lack of investment in growth initiatives [doc:HA-latest]. The risk assessment indicates a medium liquidity risk and a low dilution risk. The company has a negative net cash position after subtracting total debt, which could impact its ability to fund operations and meet obligations [doc:HA-latest]. The dilution risk is low, with no significant dilution potential in the near term [doc:HA-latest]. Recent events and filings indicate a company in financial distress, with a negative net income and operating income. The company is in liquidation, which suggests a lack of viable long-term business prospects [doc:HA-latest].