QANTM Intellectual Property Balance Sheet Health
Financial Health criteria checks 5/6
QANTM Intellectual Property has a total shareholder equity of A$76.7M and total debt of A$27.4M, which brings its debt-to-equity ratio to 35.7%. Its total assets and total liabilities are A$141.0M and A$64.3M respectively. QANTM Intellectual Property's EBIT is A$18.6M making its interest coverage ratio 5.4. It has cash and short-term investments of A$6.2M.
Key information
35.7%
Debt to equity ratio
AU$27.41m
Debt
| Interest coverage ratio | 5.4x |
| Cash | AU$6.19m |
| Equity | AU$76.75m |
| Total liabilities | AU$64.29m |
| Total assets | AU$141.04m |
Recent financial health updates
Recent updates
Investors Continue Waiting On Sidelines For QANTM Intellectual Property Limited (ASX:QIP)
Jan 24
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For QANTM Intellectual Property Limited's (ASX:QIP) CEO For Now
Nov 18QANTM Intellectual Property (ASX:QIP) Will Pay A Dividend Of A$0.035
Aug 28QANTM Intellectual Property's (ASX:QIP) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 03Looking For Steady Income For Your Dividend Portfolio? Is QANTM Intellectual Property Limited (ASX:QIP) A Good Fit?
May 08QANTM Intellectual Property's(ASX:QIP) Share Price Is Down 11% Over The Past Three Years.
Mar 18Why It Might Not Make Sense To Buy QANTM Intellectual Property Limited (ASX:QIP) For Its Upcoming Dividend
Feb 28QANTM Intellectual Property Limited (ASX:QIP) Investors Should Think About This Before Buying It For Its Dividend
Feb 05
Is QANTM Intellectual Property Limited (ASX:QIP) Popular Amongst Insiders?
Jan 18QANTM Intellectual Property Limited's (ASX:QIP) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Dec 29Should You Use QANTM Intellectual Property's (ASX:QIP) Statutory Earnings To Analyse It?
Dec 14Is QANTM Intellectual Property (ASX:QIP) Using Too Much Debt?
Nov 29Financial Position Analysis
Short Term Liabilities: QIP's short term assets (A$48.3M) exceed its short term liabilities (A$29.4M).
Long Term Liabilities: QIP's short term assets (A$48.3M) exceed its long term liabilities (A$34.9M).
Debt to Equity History and Analysis
Debt Level: QIP's net debt to equity ratio (27.7%) is considered satisfactory.
Reducing Debt: QIP's debt to equity ratio has increased from 27% to 35.7% over the past 5 years.
Debt Coverage: QIP's debt is well covered by operating cash flow (91.3%).
Interest Coverage: QIP's interest payments on its debt are well covered by EBIT (5.4x coverage).