Quartix Technologies Financial Health
How is Quartix Technologies's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: QTX's short term assets (£9.8M) exceed its short term liabilities (£8.1M).
Long Term Liabilities: QTX's short term assets (£9.8M) exceed its long term liabilities (£609.0K).
Debt to Equity History and Analysis
Debt Level: QTX is debt free.
Reducing Debt: QTX had no debt 5 years ago.
Debt Coverage: QTX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: QTX has no debt, therefore coverage of interest payments is not a concern.