Quickstep Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Quickstep Holdings has a total shareholder equity of A$12.8M and total debt of A$12.1M, which brings its debt-to-equity ratio to 94.2%. Its total assets and total liabilities are A$73.9M and A$61.1M respectively. Quickstep Holdings's EBIT is A$957.0K making its interest coverage ratio 0.5. It has cash and short-term investments of A$5.3M.
Key information
94.2%
Debt to equity ratio
AU$12.10m
Debt
| Interest coverage ratio | 0.5x |
| Cash | AU$5.26m |
| Equity | AU$12.85m |
| Total liabilities | AU$61.05m |
| Total assets | AU$73.90m |
Recent financial health updates
Is Quickstep Holdings (ASX:QHL) Weighed On By Its Debt Load?
Jun 27
Is Quickstep Holdings (ASX:QHL) Using Too Much Debt?
Feb 25Is Quickstep Holdings (ASX:QHL) Using Debt In A Risky Way?
Oct 06Quickstep Holdings (ASX:QHL) Has Debt But No Earnings; Should You Worry?
Jun 13Quickstep Holdings (ASX:QHL) Seems To Be Using A Lot Of Debt
Dec 15We Think Quickstep Holdings (ASX:QHL) Can Stay On Top Of Its Debt
Apr 07Recent updates
Quickstep Holdings Limited (ASX:QHL) Stock Catapults 34% Though Its Price And Business Still Lag The Industry
Oct 21Investors Don't See Light At End Of Quickstep Holdings Limited's (ASX:QHL) Tunnel And Push Stock Down 33%
Sep 06The Returns On Capital At Quickstep Holdings (ASX:QHL) Don't Inspire Confidence
Aug 29Quickstep Holdings Limited's (ASX:QHL) Shares Leap 30% Yet They're Still Not Telling The Full Story
Jul 02Is Quickstep Holdings (ASX:QHL) Weighed On By Its Debt Load?
Jun 27Not Many Are Piling Into Quickstep Holdings Limited (ASX:QHL) Just Yet
May 02Is Quickstep Holdings (ASX:QHL) Using Too Much Debt?
Feb 25The Market Doesn't Like What It Sees From Quickstep Holdings Limited's (ASX:QHL) Revenues Yet
Dec 17Is Quickstep Holdings (ASX:QHL) Using Debt In A Risky Way?
Oct 06Quickstep Holdings (ASX:QHL) Has Debt But No Earnings; Should You Worry?
Jun 13Quickstep Holdings (ASX:QHL) Seems To Be Using A Lot Of Debt
Dec 15There's Been No Shortage Of Growth Recently For Quickstep Holdings' (ASX:QHL) Returns On Capital
Nov 01When Should You Buy Quickstep Holdings Limited (ASX:QHL)?
Jul 06Investors Will Want Quickstep Holdings' (ASX:QHL) Growth In ROCE To Persist
May 02We Think Quickstep Holdings (ASX:QHL) Can Stay On Top Of Its Debt
Apr 07What Is Quickstep Holdings Limited's (ASX:QHL) Share Price Doing?
Mar 16Increases to CEO Compensation Might Be Put On Hold For Now at Quickstep Holdings Limited (ASX:QHL)
Nov 11Quickstep Holdings (ASX:QHL) Has A Somewhat Strained Balance Sheet
Oct 21Returns On Capital At Quickstep Holdings (ASX:QHL) Have Stalled
Aug 04Here's Why Quickstep Holdings (ASX:QHL) Has A Meaningful Debt Burden
Jun 29At AU$0.057, Is It Time To Put Quickstep Holdings Limited (ASX:QHL) On Your Watch List?
May 08Returns On Capital At Quickstep Holdings (ASX:QHL) Have Hit The Brakes
Apr 05Quickstep Holdings (ASX:QHL) Takes On Some Risk With Its Use Of Debt
Mar 15Quickstep Holdings Limited's (ASX:QHL) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Feb 22How Is Quickstep Holdings' (ASX:QHL) CEO Paid Relative To Peers?
Feb 03Is Quickstep Holdings Limited (ASX:QHL) Potentially Undervalued?
Jan 19We're Not So Sure You Should Rely on Quickstep Holdings's (ASX:QHL) Statutory Earnings
Jan 04
Is Quickstep Holdings (ASX:QHL) A Future Multi-bagger?
Dec 20Do Quickstep Holdings's (ASX:QHL) Earnings Warrant Your Attention?
Dec 06Are Strong Financial Prospects The Force That Is Driving The Momentum In Quickstep Holdings Limited's ASX:QHL) Stock?
Nov 23Are Robust Financials Driving The Recent Rally In Quickstep Holdings Limited's (ASX:QHL) Stock?
Aug 09Here's Why We Think Quickstep Holdings (ASX:QHL) Is Well Worth Watching
Jul 21Is Now The Time To Look At Buying Quickstep Holdings Limited (ASX:QHL)?
Jul 03Financial Position Analysis
Short Term Liabilities: QHL's short term assets (A$45.8M) exceed its short term liabilities (A$44.3M).
Long Term Liabilities: QHL's short term assets (A$45.8M) exceed its long term liabilities (A$16.8M).
Debt to Equity History and Analysis
Debt Level: QHL's net debt to equity ratio (53.2%) is considered high.
Reducing Debt: QHL's debt to equity ratio has increased from 38.4% to 94.2% over the past 5 years.
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: Whilst unprofitable QHL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: QHL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 32.1% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 17:37 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Quickstep Holdings Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Aaron Muller | Canaccord Genuity |
| Alexander Smith | PAC Partners Securities Pty. Ltd. |