Arqit Quantum Balance Sheet Health
Financial Health criteria checks 5/6
Arqit Quantum has a total shareholder equity of $66.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $99.8M and $33.1M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$44.46m |
| Equity | US$66.65m |
| Total liabilities | US$33.13m |
| Total assets | US$99.79m |
Recent financial health updates
We Think Arqit Quantum (NASDAQ:ARQQ) Needs To Drive Business Growth Carefully
Feb 13
Companies Like Arqit Quantum (NASDAQ:ARQQ) Could Be Quite Risky
Sep 24Here's Why Arqit Quantum (NASDAQ:ARQQ) Must Use Its Cash Wisely
May 20Recent updates
We Think Arqit Quantum (NASDAQ:ARQQ) Needs To Drive Business Growth Carefully
Feb 13Companies Like Arqit Quantum (NASDAQ:ARQQ) Could Be Quite Risky
Sep 24Here's Why Arqit Quantum (NASDAQ:ARQQ) Must Use Its Cash Wisely
May 20Arqit Quantum stock slides 12% ahead of voluntary lock-up expiration
Sep 02Arqit Has Cash Reserves But Will Have To Weather Venture Dry Up
Jun 28Arqit Quantum Is Terrestrial For Now, But Will Go To Space
Jan 25Arqit Quantum: Massive Return Potential By Future Proofing Cybersecurity
Sep 13Financial Position Analysis
Short Term Liabilities: ARQQ's short term assets ($86.3M) exceed its short term liabilities ($26.8M).
Long Term Liabilities: ARQQ's short term assets ($86.3M) exceed its long term liabilities ($6.3M).
Debt to Equity History and Analysis
Debt Level: ARQQ is debt free.
Reducing Debt: ARQQ 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: ARQQ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ARQQ has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 38.6% each year.