Qlucore Balance Sheet Health
Financial Health criteria checks 3/6
Qlucore has a total shareholder equity of SEK83.7M and total debt of SEK3.6M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are SEK93.3M and SEK9.5M respectively.
Key information
4.2%
Debt to equity ratio
kr3.55m
Debt
Interest coverage ratio | n/a |
Cash | kr34.94m |
Equity | kr83.73m |
Total liabilities | kr9.53m |
Total assets | kr93.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QCORE's short term assets (SEK41.6M) exceed its short term liabilities (SEK6.3M).
Long Term Liabilities: QCORE's short term assets (SEK41.6M) exceed its long term liabilities (SEK3.2M).
Debt to Equity History and Analysis
Debt Level: QCORE has more cash than its total debt.
Reducing Debt: Insufficient data to determine if QCORE's debt to equity ratio has reduced 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: QCORE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: QCORE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 53.6% each year