Quickstep Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Quickstep Holdings has a total shareholder equity of A$15.4M and total debt of A$12.7M, which brings its debt-to-equity ratio to 82.4%. Its total assets and total liabilities are A$79.2M and A$63.8M respectively.
Key information
82.4%
Debt to equity ratio
AU$12.70m
Debt
Interest coverage ratio | n/a |
Cash | AU$5.48m |
Equity | AU$15.41m |
Total liabilities | AU$63.80m |
Total assets | AU$79.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QCKS.F's short term assets (A$46.8M) exceed its short term liabilities (A$44.0M).
Long Term Liabilities: QCKS.F's short term assets (A$46.8M) exceed its long term liabilities (A$19.8M).
Debt to Equity History and Analysis
Debt Level: QCKS.F's net debt to equity ratio (46.8%) is considered high.
Reducing Debt: QCKS.F's debt to equity ratio has reduced from 184.5% to 82.4% 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: Whilst unprofitable QCKS.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: QCKS.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 34.3% per year.