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Quotient Limited QTNT
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Quarterly report 2023-Q3
added 05-23-2026

Quotient Limited Balance Sheet 2022-2011 | QTNT

Brief overview of Quotient Limited's balance sheet structure

The comparison uses five available annual reports from the 2018–2022 interval.

Assets reached $194 million, compared with $123.8 million at the beginning. Growth of +56.6% and CAGR near 11.9% show active expansion.

Liabilities expanded faster than the asset base, +144.2% versus +56.6%. Debt-service capacity deserves attention.

Shareholders' capital is negative, making the balance sheet dependent on consistent debt servicing capacity.

Cash equals 33.5% of the balance sheet, compared with 16.3% five periods ago. This is the readily available cushion.

Retained earnings are negative at -$725 million. This reduces the formal capital cushion, although large shareholder returns may have contributed.

What the balance sheet shows

Quotient Limited's financial structure calls for caution. Stronger equity, lower debt or restored liquidity would be needed to improve it.

Annual Balance Sheet Quotient Limited

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Net Debt

172 M 78.6 M 145 M 116 M 63.8 M 79.2 M -14.1 M -22.5 M 7.91 M -1.22 M -1.26 M -

Long Term Debt

233 M 121 M 145 M 120 M 84 M 84 M 29 M 10.5 M 15.1 M 3 M 3 M -

Long Term Debt Current

3.54 M 3.45 M 3.31 M - - - 1 M 4.5 M - - - -

Total Non Current Liabilities

- - 201 M 151 M 111 M 104 M 51.7 M 28 M 48.4 M 31.3 M 26.8 M -

Total Current Liabilities

32.8 M 59.5 M 50.4 M 25.4 M 27.1 M 29.7 M 21.4 M 54.8 M 12.9 M - - -

Total Liabilities

338 M 255 M 244 M 176 M 138 M 134 M 73 M 81.8 M 30.6 M 36 M 31 M -

Retained Earnings

-725 M -600 M -561 M -381 M -276 M -193 M -108 M -74.4 M -15.3 M -5.13 M -416 K -

Total Assets

194 M 220 M 247 M 178 M 124 M 110 M 120 M 80.2 M 29.8 M 12.9 M 12.4 M -

Cash and Cash Equivalents

65.1 M 45.7 M 3.4 M 4.1 M 20.2 M 4.75 M 44.1 M 37.5 M 7.19 M 4.22 M - -

Book Value

-144 M -35.6 M 2.24 M 1.71 M -14.6 M -24.1 M 46.7 M -1.62 M -773 K -23.1 M -18.7 M -

Total Shareholders Equity

-144 M -35.6 M -8.49 M 709 K -15.2 M -24.1 M 46.7 M -1.62 M -31.5 M -23.1 M - -

All numbers in USD currency

Quarterly Balance Sheet Quotient Limited

2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Long Term Debt

240 M 221 M 236 M 240 M 229 M 232 M 103 M 229 M 121 M 133 M 145 M 121 M 145 M 145 M 145 M 145 M 120 M 110 M 110 M 120 M 110 M 110 M 84 M 84 M 84 M 84 M 84 M 84 M 30 M 30 M 9 M 30 M 12.2 M 13.7 M 15.2 M 12.2 M 13.7 M 15.2 M 15.1 M - - - - - - - - - - - -

Total Liabilities

328 M 310 M 326 M 328 M 334 M 335 M 338 M 334 M 238 M 238 M 231 M 244 M 230 M 224 M 215 M 230 M 166 M 169 M 167 M 166 M 169 M 167 M 138 M 134 M 134 M 139 M 134 M 129 M 63.4 M 74.8 M 81.9 M 63.4 M 74.5 M 38.5 M 35.1 M 74.5 M 38.5 M 35.1 M 30.6 M - - - - - - - - - - - -

Retained Earnings

-823 M -810 M -764 M -823 M -699 M -654 M -627 M -699 M -554 M -524 M -509 M -561 M -459 M -431 M -404 M -459 M -354 M -328 M -301 M -354 M -328 M -301 M -276 M -256 M -256 M -235 M -214 M -173 M -98.7 M -88.9 M -84.5 M -98.7 M -71.9 M -29.6 M -17.9 M -71.9 M -29.6 M -17.9 M -15.3 M - - - - - - - - - - - -

Total Assets

119 M 128 M 175 M 119 M 209 M 250 M 277 M 209 M 246 M 272 M 201 M 247 M 248 M 177 M 193 M 248 M 191 M 155 M 131 M 191 M 155 M 131 M 124 M 138 M 138 M 122 M 139 M 124 M 89.6 M 84.4 M 73.6 M 89.6 M 66.6 M 48.5 M 58.5 M 66.6 M 48.5 M 58.5 M 29.8 M - - - - - - - - - - - -

Cash and Cash Equivalents

11.9 M 24.5 M 46.2 M 11.9 M 85.1 M 121 M 115 M 85.1 M 3.4 M 18.1 M 7.32 M 3.4 M 4.66 M 5.82 M 6.53 M 4.66 M 4.47 M 3.56 M 35.6 M 4.47 M 4.47 M 3.56 M 20.2 M 6.15 M 6.15 M 9.13 M 13 M 14.3 M 24.1 M 25.7 M 21.3 M 24.1 M 33 M 17.1 M 32 M 33 M 17.1 M 32 M 7.19 M 13.8 M 1.54 M 1.74 M 4.22 M - - - 4.35 M - - - -

Book Value

-209 M -182 M -151 M -209 M -126 M -85.3 M -61.2 M -126 M 7.67 M 33.7 M -30.2 M 2.24 M 18.1 M -46.9 M -21.2 M 18.1 M 24.7 M -14.7 M -36.2 M 24.7 M -14.7 M -36.2 M -14.6 M 3.82 M 3.82 M -16.4 M 4.47 M -5.08 M 26.1 M 9.66 M -8.36 M 26.1 M -7.94 M 9.9 M 23.4 M -7.94 M 9.9 M 23.4 M -773 K - - - - - - - - - - - -

Total Shareholders Equity

-209 M -182 M -151 M -209 M -126 M -85.3 M -61.2 M -126 M 7.67 M 33.7 M -30.2 M 2.24 M 18.1 M -46.9 M -21.2 M 18.1 M 24.7 M -14.7 M -36.2 M 24.7 M 24.7 M -14.7 M -15.2 M 3.82 M 3.82 M -16.4 M 4.47 M -5.08 M 26.1 M 9.66 M -8.36 M 26.1 M -7.94 M 9.9 M 23.4 M -7.94 M 9.9 M 23.4 M -31.5 M - - - -23.1 M - - - -18.7 M - - - -

All numbers in USD currency

Balance Sheet is a fundamental financial report of Quotient Limited, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

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