Quantum Exponential Group Balance Sheet Health
Financial Health criteria checks 4/6
Quantum Exponential Group has a total shareholder equity of £3.1M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £3.2M and £79.2K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£831.10k |
Equity | UK£3.11m |
Total liabilities | UK£79.20k |
Total assets | UK£3.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QBIT's short term assets (£913.7K) exceed its short term liabilities (£79.2K).
Long Term Liabilities: QBIT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: QBIT is debt free.
Reducing Debt: QBIT has not had any debt for 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: QBIT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: QBIT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 24.6% each year