Voquz Labs Balance Sheet Health
Financial Health criteria checks 2/6
Voquz Labs has a total shareholder equity of €1.3M and total debt of €830.0K, which brings its debt-to-equity ratio to 65.2%. Its total assets and total liabilities are €4.4M and €3.1M respectively.
Key information
65.2%
Debt to equity ratio
€830.00k
Debt
Interest coverage ratio | n/a |
Cash | €181.00k |
Equity | €1.27m |
Total liabilities | €3.12m |
Total assets | €4.39m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VQLA's short term assets (€2.4M) exceed its short term liabilities (€921.0K).
Long Term Liabilities: VQLA's short term assets (€2.4M) exceed its long term liabilities (€2.2M).
Debt to Equity History and Analysis
Debt Level: VQLA's net debt to equity ratio (51%) is considered high.
Reducing Debt: Insufficient data to determine if VQLA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: Insufficient data to determine if VQLA's debt is well covered by operating cash flow.
Interest Coverage: Insufficient data to determine if VQLA's interest payments on its debt are well covered by EBIT.