Quartix Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Quartix Technologies has a total shareholder equity of £16.3M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £29.3M and £12.9M respectively. Quartix Technologies's EBIT is £1.3M making its interest coverage ratio 63.2. It has cash and short-term investments of £2.4M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 63.2x |
| Cash | UK£2.38m |
| Equity | UK£16.35m |
| Total liabilities | UK£12.93m |
| Total assets | UK£29.28m |
Recent financial health updates
No updates
Recent updates
Quartix Technologies (LON:QTX) Has Announced A Dividend Of £0.015
Mar 07
Getting In Cheap On Quartix Technologies plc (LON:QTX) Is Unlikely
Jan 18Quartix Technologies (LON:QTX) Is Reducing Its Dividend To UK£0.07
Mar 02The Returns On Capital At Quartix Technologies (LON:QTX) Don't Inspire Confidence
Nov 24Is Now The Time To Look At Buying Quartix Holdings plc (LON:QTX)?
Jun 05Quartix Holdings (LON:QTX) Could Be Struggling To Allocate Capital
Apr 12Quartix Holdings plc's (LON:QTX) Stock Is Going Strong: Have Financials A Role To Play?
Mar 10Is Now The Time To Look At Buying Quartix Holdings plc (LON:QTX)?
Feb 23Could The Quartix Holdings plc (LON:QTX) Ownership Structure Tell Us Something Useful?
Feb 02
Is Quartix Holdings (LON:QTX) A Compounding Machine?
Jan 12Should Quartix Holdings plc (LON:QTX) Be Part Of Your Dividend Portfolio?
Dec 28What Does Quartix Holdings' (LON:QTX) CEO Pay Reveal?
Dec 14Did You Participate In Any Of Quartix Holdings' (LON:QTX) Respectable 76% Return?
Nov 30Financial Position Analysis
Short Term Liabilities: QTX's short term assets (£12.5M) exceed its short term liabilities (£11.0M).
Long Term Liabilities: QTX's short term assets (£12.5M) exceed its long term liabilities (£2.0M).
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.