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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
No updates
Recent updates
Financial 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).