Quartix Technologies plc

AIM:QTX Stock Report

Market Cap: UK£88.3m

Quartix Technologies Balance Sheet Health

Financial Health criteria checks 6/6

Quartix Technologies has a total shareholder equity of £17.8M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £30.4M and £12.6M respectively. Quartix Technologies's EBIT is £1.6M making its interest coverage ratio 49.3. It has cash and short-term investments of £2.7M.

Key information

0%

Debt to equity ratio

UK£0

Debt

Interest coverage ratio49.3x
CashUK£2.67m
EquityUK£17.82m
Total liabilitiesUK£12.59m
Total assetsUK£30.41m

Recent financial health updates

No updates

Recent updates

Optimistic Investors Push Quartix Technologies plc (LON:QTX) Shares Up 29% But Growth Is Lacking

Jul 31
Optimistic Investors Push Quartix Technologies plc (LON:QTX) Shares Up 29% But Growth Is Lacking

Quartix Technologies (LON:QTX) May Have Issues Allocating Its Capital

Jun 01
Quartix Technologies (LON:QTX) May Have Issues Allocating Its Capital

Quartix Technologies (LON:QTX) Has Announced A Dividend Of £0.015

Mar 07
Quartix Technologies (LON:QTX) Has Announced A Dividend Of £0.015

Getting In Cheap On Quartix Technologies plc (LON:QTX) Is Unlikely

Jan 18
Getting In Cheap On Quartix Technologies plc (LON:QTX) Is Unlikely

Quartix Technologies (LON:QTX) Is Reducing Its Dividend To UK£0.07

Mar 02
Quartix Technologies (LON:QTX) Is Reducing Its Dividend To UK£0.07

The Returns On Capital At Quartix Technologies (LON:QTX) Don't Inspire Confidence

Nov 24
The Returns On Capital At Quartix Technologies (LON:QTX) Don't Inspire Confidence

Is Now The Time To Look At Buying Quartix Holdings plc (LON:QTX)?

Jun 05
Is Now The Time To Look At Buying Quartix Holdings plc (LON:QTX)?

Quartix Holdings (LON:QTX) Could Be Struggling To Allocate Capital

Apr 12
Quartix Holdings (LON:QTX) Could Be Struggling To Allocate Capital

Quartix Holdings plc's (LON:QTX) Stock Is Going Strong: Have Financials A Role To Play?

Mar 10
Quartix Holdings plc's (LON:QTX) Stock Is Going Strong: Have Financials A Role To Play?

Is Now The Time To Look At Buying Quartix Holdings plc (LON:QTX)?

Feb 23
Is Now The Time To Look At Buying Quartix Holdings plc (LON:QTX)?

Could The Quartix Holdings plc (LON:QTX) Ownership Structure Tell Us Something Useful?

Feb 02
Could The Quartix Holdings plc (LON:QTX) Ownership Structure Tell Us Something Useful?

Is Quartix Holdings (LON:QTX) A Compounding Machine?

Jan 12
Is Quartix Holdings (LON:QTX) A Compounding Machine?

Should Quartix Holdings plc (LON:QTX) Be Part Of Your Dividend Portfolio?

Dec 28
Should Quartix Holdings plc (LON:QTX) Be Part Of Your Dividend Portfolio?

What Does Quartix Holdings' (LON:QTX) CEO Pay Reveal?

Dec 14
What Does Quartix Holdings' (LON:QTX) CEO Pay Reveal?

Did You Participate In Any Of Quartix Holdings' (LON:QTX) Respectable 76% Return?

Nov 30
Did You Participate In Any Of Quartix Holdings' (LON:QTX) Respectable 76% Return?

Financial Position Analysis

Short Term Liabilities: QTX's short term assets (£13.5M) exceed its short term liabilities (£10.5M).

Long Term Liabilities: QTX's short term assets (£13.5M) exceed its long term liabilities (£2.1M).

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.

Balance Sheet

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