Asset Breakdown
56.3 M
Assets Non Current
162.4 M
Current Assets
| Total Assets | 244.34 Million | |
| Current Assets | 162.35 Million | |
| Assets Non Current | 56.34 Million | |
| Goodwill | 1.14 Million |
Will newest Quotient (NASDAQ:QTNT) debt levels change before the next earnings call?
 | By Raphi Shpitalnik | Macroaxis Story |
Quotient Limited is scheduled to announce its earnings tomorrow. The upcoming quarterly report is expected on the 3rd of August 2020. Quotient PPandE Turnover is comparatively stable at the moment as compared to the past year. Quotient reported PPandE Turnover of 0.74 in 2019. Receivables Turnover is likely to grow to 9.16 in 2020, whereas Earnings before Tax are likely to drop (42 M) in 2020. While some of us are becoming more enthusiastic about healthcare space, let's review Quotient Limited in greater detail to make a better estimate of its debt utilization.
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Reviewed by Michael Smolkin
Quotient currently holds 198.11 M in liabilities. We provide trade recommendations to complement the recent expert consensus on Quotient Limited. Our dynamic recommendation engine exercises a multidimensional algorithm to analyze the firm's potential to grow using all technical and fundamental data available at the time. Quotient financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of Quotient, including all of Quotient's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of Quotient assets, the company is considered highly leveraged. Understanding the composition and structure of overall Quotient debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it. Please read more on our technical analysis page.
Watch out for price decline
Please consider monitoring Quotient on a daily basis if you are holding a position in it. Quotient is trading at a penny-stock level, and the possibility of delisting is much higher compared to other delisted stocks. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion. Most exchanges require public instruments, such as Quotient stock to be traded above the $1 level to remain listed. If Quotient stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.
How important is Quotient's Liquidity
Quotient financial leverage refers to using borrowed capital as a funding source to finance Quotient ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Quotient financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Quotient's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Quotient's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Quotient's total debt and its cash.
Breaking it down a bit more
This firm reported the previous year's revenue of 32.66 M. Net Loss for the year was (102.77 M) with profit before overhead, payroll, taxes, and interest of 14.86 M.
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This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Quotient. Please refer to our Terms of Use for any information regarding our disclosure principles.