Q32 Bio Balance Sheet Health

Financial Health criteria checks 5/6

Q32 Bio has a total shareholder equity of $33.5M and total debt of $16.2M, which brings its debt-to-equity ratio to 48.5%. Its total assets and total liabilities are $124.2M and $90.7M respectively.

Key information

48.5%

Debt to equity ratio

US$16.24m

Debt

Interest coverage ration/a
CashUS$107.65m
EquityUS$33.51m
Total liabilitiesUS$90.70m
Total assetsUS$124.21m

Recent financial health updates

No updates

Recent updates

Q32 Bio: High-Risk, High-Reward With Bempikibart And ADX-097

Aug 29

Financial Position Analysis

Short Term Liabilities: QTTB's short term assets ($111.6M) exceed its short term liabilities ($17.2M).

Long Term Liabilities: QTTB's short term assets ($111.6M) exceed its long term liabilities ($73.5M).


Debt to Equity History and Analysis

Debt Level: QTTB has more cash than its total debt.

Reducing Debt: Insufficient data to determine if QTTB'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: QTTB has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: QTTB has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 11.6% each year.


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