QubicGames Balance Sheet Health
Financial Health criteria checks 6/6
QubicGames has a total shareholder equity of PLN8.7M and total debt of PLN604.3K, which brings its debt-to-equity ratio to 7%. Its total assets and total liabilities are PLN16.5M and PLN7.8M respectively. QubicGames's EBIT is PLN430.1K making its interest coverage ratio 11.4. It has cash and short-term investments of PLN2.9M.
Key information
7.0%
Debt to equity ratio
zł604.26k
Debt
| Interest coverage ratio | 11.4x |
| Cash | zł2.87m |
| Equity | zł8.69m |
| Total liabilities | zł7.78m |
| Total assets | zł16.47m |
Financial Position Analysis
Short Term Liabilities: QUB's short term assets (PLN7.8M) exceed its short term liabilities (PLN7.4M).
Long Term Liabilities: QUB's short term assets (PLN7.8M) exceed its long term liabilities (PLN418.4K).
Debt to Equity History and Analysis
Debt Level: QUB has more cash than its total debt.
Reducing Debt: QUB's debt to equity ratio has reduced from 8.1% to 7% over the past 5 years.
Debt Coverage: QUB's debt is well covered by operating cash flow (772.8%).
Interest Coverage: QUB's interest payments on its debt are well covered by EBIT (11.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 08:13 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
QubicGames S.A. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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