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.