QuickFee Balance Sheet Health
Financial Health criteria checks 5/6
QuickFee has a total shareholder equity of A$8.5M and total debt of A$59.4M, which brings its debt-to-equity ratio to 698.6%. Its total assets and total liabilities are A$70.7M and A$62.2M respectively.
Key information
698.6%
Debt to equity ratio
AU$59.43m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$13.55m |
| Equity | AU$8.51m |
| Total liabilities | AU$62.24m |
| Total assets | AU$70.75m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: QFE's short term assets (A$70.3M) exceed its short term liabilities (A$61.8M).
Long Term Liabilities: QFE's short term assets (A$70.3M) exceed its long term liabilities (A$475.0K).
Debt to Equity History and Analysis
Debt Level: QFE's net debt to equity ratio (539.3%) is considered high.
Reducing Debt: QFE's debt to equity ratio has reduced from 6702.2% to 698.6% 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: QFE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: QFE has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 32.3% each year.