QuickBit eu Balance Sheet Health
Financial Health criteria checks 5/6
QuickBit eu has a total shareholder equity of €8.1M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €16.2M and €8.1M respectively.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | n/a |
Cash | €1.00m |
Equity | €8.10m |
Total liabilities | €8.10m |
Total assets | €16.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QBIT BT's short term assets (€6.2M) do not cover its short term liabilities (€7.9M).
Long Term Liabilities: QBIT BT's short term assets (€6.2M) exceed its long term liabilities (€200.0K).
Debt to Equity History and Analysis
Debt Level: QBIT BT is debt free.
Reducing Debt: QBIT BT had no debt 5 years ago.
Debt Coverage: QBIT BT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: QBIT BT has no debt, therefore coverage of interest payments is not a concern.