Q32 Bio Balance Sheet Health

Financial Health criteria checks 5/6

Q32 Bio has a total shareholder equity of $48.8M and total debt of $17.6M, which brings its debt-to-equity ratio to 36%. Its total assets and total liabilities are $152.3M and $103.6M respectively.

Key information

36.0%

Debt to equity ratio

US$17.57m

Debt

Interest coverage ration/a
CashUS$135.31m
EquityUS$48.77m
Total liabilitiesUS$103.57m
Total assetsUS$152.33m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: QTTB's short term assets ($138.0M) exceed its short term liabilities ($33.0M).

Long Term Liabilities: QTTB's short term assets ($138.0M) exceed its long term liabilities ($70.6M).


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 2.3 years if free cash flow continues to grow at historical rates of 40.3% each year.


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