Quanterix Balance Sheet Health
Financial Health criteria checks 6/6
Quanterix has a total shareholder equity of $336.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $411.3M and $74.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$296.86m |
| Equity | US$336.75m |
| Total liabilities | US$74.54m |
| Total assets | US$411.29m |
Recent financial health updates
We're Hopeful That Quanterix (NASDAQ:QTRX) Will Use Its Cash Wisely
Oct 17
Quanterix (NASDAQ:QTRX) Is In A Strong Position To Grow Its Business
Apr 05Here's Why We're Not Too Worried About Quanterix's (NASDAQ:QTRX) Cash Burn Situation
Oct 12We're Not Very Worried About Quanterix's (NASDAQ:QTRX) Cash Burn Rate
Jun 12We Think Quanterix (NASDAQ:QTRX) Can Afford To Drive Business Growth
Feb 10We Think Quanterix (NASDAQ:QTRX) Can Afford To Drive Business Growth
Sep 23Recent updates
Even With A 36% Surge, Cautious Investors Are Not Rewarding Quanterix Corporation's (NASDAQ:QTRX) Performance Completely
Nov 07We're Hopeful That Quanterix (NASDAQ:QTRX) Will Use Its Cash Wisely
Oct 17Quanterix Corporation: Still Struggling To Gain Traction
Aug 26Take Care Before Jumping Onto Quanterix Corporation (NASDAQ:QTRX) Even Though It's 26% Cheaper
Aug 15Positive Sentiment Still Eludes Quanterix Corporation (NASDAQ:QTRX) Following 25% Share Price Slump
Jun 27Quanterix Corporation's (NASDAQ:QTRX) 31% Cheaper Price Remains In Tune With Revenues
Apr 14Quanterix (NASDAQ:QTRX) Is In A Strong Position To Grow Its Business
Apr 05Quanterix Corporation (NASDAQ:QTRX) Yearly Results: Here's What Analysts Are Forecasting For This Year
Mar 03Here's Why We're Not Too Worried About Quanterix's (NASDAQ:QTRX) Cash Burn Situation
Oct 12We're Not Very Worried About Quanterix's (NASDAQ:QTRX) Cash Burn Rate
Jun 12We Think Quanterix (NASDAQ:QTRX) Can Afford To Drive Business Growth
Feb 10Quanterix Corporation: Selling For Less Than Cash Value
Sep 28We Think Quanterix (NASDAQ:QTRX) Can Afford To Drive Business Growth
Sep 23Quanterix stock gains after insider buys reported by CEO and CFO
Aug 17We're Hopeful That Quanterix (NASDAQ:QTRX) Will Use Its Cash Wisely
Mar 28Is Quanterix (NASDAQ:QTRX) A Risky Investment?
Feb 21Financial Position Analysis
Short Term Liabilities: QTRX's short term assets ($365.7M) exceed its short term liabilities ($37.5M).
Long Term Liabilities: QTRX's short term assets ($365.7M) exceed its long term liabilities ($37.0M).
Debt to Equity History and Analysis
Debt Level: QTRX is debt free.
Reducing Debt: QTRX has no debt compared to 5 years ago when its debt to equity ratio was 10.2%.
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: QTRX has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: QTRX has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 5.1% each year