Arqit Quantum Balance Sheet Health
Financial Health criteria checks 6/6
Arqit Quantum has a total shareholder equity of $15.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $41.8M and $26.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$21.33m |
| Equity | US$15.33m |
| Total liabilities | US$26.47m |
| Total assets | US$41.80m |
Recent financial health updates
We Think Arqit Quantum (NASDAQ:ARQQ) Needs To Drive Business Growth Carefully
Feb 13
Companies Like Arqit Quantum (NASDAQ:ARQQ) Could Be Quite Risky
Sep 24Here's Why Arqit Quantum (NASDAQ:ARQQ) Must Use Its Cash Wisely
May 20Recent updates
We Think Arqit Quantum (NASDAQ:ARQQ) Needs To Drive Business Growth Carefully
Feb 13Companies Like Arqit Quantum (NASDAQ:ARQQ) Could Be Quite Risky
Sep 24Here's Why Arqit Quantum (NASDAQ:ARQQ) Must Use Its Cash Wisely
May 20Arqit Quantum stock slides 12% ahead of voluntary lock-up expiration
Sep 02Arqit Has Cash Reserves But Will Have To Weather Venture Dry Up
Jun 28Arqit Quantum Is Terrestrial For Now, But Will Go To Space
Jan 25Arqit Quantum: Massive Return Potential By Future Proofing Cybersecurity
Sep 13Financial Position Analysis
Short Term Liabilities: ARQQ's short term assets ($29.1M) exceed its short term liabilities ($17.2M).
Long Term Liabilities: ARQQ's short term assets ($29.1M) exceed its long term liabilities ($9.3M).
Debt to Equity History and Analysis
Debt Level: ARQQ is debt free.
Reducing Debt: ARQQ had no debt 5 years ago.
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: ARQQ has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ARQQ is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.