Quixant Financial Health
How is Quixant's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: QXT's short term assets ($70.5M) exceed its short term liabilities ($28.1M).
Long Term Liabilities: QXT's short term assets ($70.5M) exceed its long term liabilities ($2.2M).
Debt to Equity History and Analysis
Debt Level: QXT has more cash than its total debt.
Reducing Debt: QXT's debt to equity ratio has reduced from 20.2% to 1% over the past 5 years.
Debt Coverage: QXT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: QXT's interest payments on its debt are well covered by EBIT (247.8x coverage).