Qlife Holding Balance Sheet Health
Financial Health criteria checks 3/6
Qlife Holding has a total shareholder equity of SEK199.0K and total debt of SEK8.6M, which brings its debt-to-equity ratio to 4334.7%. Its total assets and total liabilities are SEK12.6M and SEK12.4M respectively.
Key information
4,334.7%
Debt to equity ratio
SEK 8.63m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 3.07m |
| Equity | SEK 199.00k |
| Total liabilities | SEK 12.38m |
| Total assets | SEK 12.58m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: QLIFE's short term assets (SEK5.5M) exceed its short term liabilities (SEK3.8M).
Long Term Liabilities: QLIFE's short term assets (SEK5.5M) do not cover its long term liabilities (SEK8.6M).
Debt to Equity History and Analysis
Debt Level: QLIFE's net debt to equity ratio (2794%) is considered high.
Reducing Debt: Insufficient data to determine if QLIFE'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: QLIFE has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: QLIFE is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.