QuickBit eu Balance Sheet Health
Financial Health criteria checks 3/6
QuickBit eu has a total shareholder equity of €4.8M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €10.5M and €5.7M respectively.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | n/a |
| Cash | €900.00k |
| Equity | €4.80m |
| Total liabilities | €5.70m |
| Total assets | €10.50m |
Recent financial health updates
No updates
Recent updates
QuickBit eu AB (publ)'s (NGM:QBIT) Shares Bounce 61% But Its Business Still Trails The Industry
Apr 14
QuickBit eu AB (publ) (NGM:QBIT) Surges 27% Yet Its Low P/S Is No Reason For Excitement
Feb 29The Return Trends At QuickBit eu (NGM:QBIT) Look Promising
Jan 28Returns At QuickBit eu (NGM:QBIT) Are On The Way Up
Oct 19QuickBit eu (NGM:QBIT) Is Looking To Continue Growing Its Returns On Capital
Jul 08QuickBit eu (NGM:QBIT) Is Very Good At Capital Allocation
Mar 04Will Weakness in QuickBit eu AB (publ)'s (NGM:QBIT) Stock Prove Temporary Given Strong Fundamentals?
Feb 06
A Look At The Fair Value Of QuickBit eu AB (publ) (NGM:QBIT)
Jan 11If You Had Bought QuickBit eu's (NGM:QBIT) Shares A Year Ago You Would Be Down 49%
Dec 22The Trend Of High Returns At QuickBit eu (NGM:QBIT) Has Us Very Interested
Dec 04Financial Position Analysis
Short Term Liabilities: QBIT's short term assets (€4.6M) do not cover its short term liabilities (€5.6M).
Long Term Liabilities: QBIT's short term assets (€4.6M) exceed its long term liabilities (€100.0K).
Debt to Equity History and Analysis
Debt Level: QBIT is debt free.
Reducing Debt: QBIT had no debt 5 years ago.
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: QBIT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: QBIT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 31.3% each year