Qt Group Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Qt Group Oyj has a total shareholder equity of €129.9M and total debt of €4.5M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are €198.7M and €68.8M respectively. Qt Group Oyj's EBIT is €50.5M making its interest coverage ratio 856.1. It has cash and short-term investments of €34.4M.
Key information
3.4%
Debt to equity ratio
€4.46m
Debt
Interest coverage ratio | 856.1x |
Cash | €34.44m |
Equity | €129.88m |
Total liabilities | €68.83m |
Total assets | €198.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QTCOMH's short term assets (€97.5M) exceed its short term liabilities (€49.4M).
Long Term Liabilities: QTCOMH's short term assets (€97.5M) exceed its long term liabilities (€19.5M).
Debt to Equity History and Analysis
Debt Level: QTCOMH has more cash than its total debt.
Reducing Debt: QTCOMH's debt to equity ratio has increased from 0% to 3.4% over the past 5 years.
Debt Coverage: QTCOMH's debt is well covered by operating cash flow (957.2%).
Interest Coverage: QTCOMH's interest payments on its debt are well covered by EBIT (856.1x coverage).