Q-Free Balance Sheet Health
Financial Health criteria checks 6/6
Q-Free has a total shareholder equity of NOK544.6M and total debt of NOK206.1M, which brings its debt-to-equity ratio to 37.8%. Its total assets and total liabilities are NOK1.1B and NOK557.1M respectively. Q-Free's EBIT is NOK41.1M making its interest coverage ratio 2.6. It has cash and short-term investments of NOK61.5M.
Key information
37.8%
Debt to equity ratio
NOK 206.12m
Debt
| Interest coverage ratio | 2.6x |
| Cash | NOK 61.50m |
| Equity | NOK 544.60m |
| Total liabilities | NOK 557.12m |
| Total assets | NOK 1.10b |
Recent financial health updates
Recent updates
Is Q-Free (OB:QFR) A Risky Investment?
Sep 28
There's No Escaping Q-Free ASA's (OB:QFR) Muted Revenues Despite A 105% Share Price Rise
Sep 28Insider Buying: The Q-Free ASA (OB:QFR) Director Just Bought 67% More Shares
Feb 15
A Look At Q-Free's (OB:QFR) Share Price Returns
Jan 28Does Q-Free's (OB:QFR) CEO Salary Compare Well With Industry Peers?
Dec 05Financial Position Analysis
Short Term Liabilities: QFR's short term assets (NOK468.7M) exceed its short term liabilities (NOK356.2M).
Long Term Liabilities: QFR's short term assets (NOK468.7M) exceed its long term liabilities (NOK200.9M).
Debt to Equity History and Analysis
Debt Level: QFR's net debt to equity ratio (26.6%) is considered satisfactory.
Reducing Debt: QFR's debt to equity ratio has reduced from 58.4% to 37.8% over the 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: Whilst unprofitable QFR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: QFR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 11.4% per year.