Quartix Technologies (LSE:QTX) Debt-to-Equity: 0.02 (As of Jun. 2026) — 33% Below Median

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Director of Data and Quant Analytics at GuruFocus
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LSE:QTX Quartix Technologies PLC LSE:QTX
70 GF Score
Price £2.35
GF Value £2.45
Valuation Fairly Valued
! 3 Warning Signs
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What is Quartix Technologies Debt-to-Equity?

Quartix Technologies LSE:QTX +2.17% 70 Debt-to-Equity is 0.02 as of Jun. 2026, which is 33% below its 10-year median of 0.03. GuruFocus rates LSE:QTX with a GF Score™ of 70/100 and a GF Value™ of £2.45 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,230 Hardware companies, Quartix Technologies ranks better than 93.9% on this metric.

Quartix Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was £0.00 Mil. Quartix Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was £0.49 Mil. Quartix Technologies's Total Stockholders Equity for the quarter that ended in Jun. 2026 was £32.19 Mil. Quartix Technologies's debt to equity for the quarter that ended in Jun. 2026 was 0.02.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Quartix Technologies's Debt-to-Equity or its related term are showing as below:

LSE:QTX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.03   Max: 0.04
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Quartix Technologies was 0.04. The lowest was 0.02. And the median was 0.03.

LSE:QTX's Debt-to-Equity is ranked better than
93.9% of 2230 companies
in the Hardware industry
Industry Median: 0.28 vs LSE:QTX: 0.02

Quartix Technologies  (LSE:QTX) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Quartix Technologies Debt-to-Equity Related Terms


Quartix Technologies Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Quartix Technologies's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Quartix Technologies Debt-to-Equity Chart

Quartix Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.02 0.02 0.02

Quartix Technologies Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.02 0.04 0.02 0.02

LSE:QTX vs GRMN, COHR, KEYS: Debt-to-Equity Comparison

For the Scientific & Technical Instruments subindustry, Quartix Technologies's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Quartix Technologies Debt-to-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Quartix Technologies's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Quartix Technologies's Debt-to-Equity falls into.


LSE:QTX
70GF Score
Quartix Technologies PLC LSE:QTX
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Quartix Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Quartix Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quartix Technologies's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.02 mean?
Quartix Technologies (LSE:QTX) has a Debt-to-Equity of 0.02 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Quartix Technologies and its competitors. This is 33% below median its historical median of 0.03. Over the past decade, Quartix Technologies' Debt-to-Equity has ranged from 0.02 to 0.04. According to the industry distribution chart, Quartix Technologies ranks #136 out of 2230 companies in the Hardware industry, placing it in the top 6.1%.
Is Quartix Technologies' Debt-to-Equity too high?
Quartix Technologies' current Debt-to-Equity of 0.02 is 33% below median its 10-year median of 0.03. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.04. The Hardware industry median Debt-to-Equity is 0.28. Quartix Technologies' value of 0.02 is 92.9% below this industry median. Based on the distribution chart, Quartix Technologies ranks #136 out of 2230 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Quartix Technologies has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Quartix Technologies' Debt-to-Equity compare to GRMN and COHR?
According to the Hardware industry distribution chart, Quartix Technologies ranks #136 out of 2230 companies for Debt-to-Equity. This places Quartix Technologies in the top 6% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.28. Quartix Technologies' value of 0.02 is 92.9% below this benchmark. Historically, Quartix Technologies' own Debt-to-Equity has ranged from 0.02 to 0.04 over the past decade. While the company's 10-year median is 0.03 vs. the industry median of 0.28, Quartix Technologies has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,230 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Quartix Technologies's current Debt-to-Equity of 0.02 is 92.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Quartix Technologies and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quartix Technologies's current Debt-to-Equity is 0.02, which is 33% below median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quartix Technologies stock overvalued right now?
Based on GuruFocus' analysis, Quartix Technologies (LSE:QTX) is currently considered Fairly Valued. The stock's GF Value™ is £2.45, compared to a current price of £2.35 — trading 4.1% below its estimated fair value. The current Debt-to-Equity is 0.02, which is 33% below median its 10-year median of 0.03 and 92.9% below the Hardware industry median of 0.28. Quartix Technologies' overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Quartix Technologies (LSE:QTX), the current Debt-to-Equity is 0.02 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Quartix Technologies (LSE:QTX) Overvalued in 2026?

Based on GuruFocus' analysis, Quartix Technologies stock appears to be undervalued. The current stock price of £2.35 is trading 4.1% below its estimated GF Value™ of £2.45. GuruFocus considers Quartix Technologies to be Fairly Valued.

Key valuation signals for LSE:QTX:

  • Debt-to-Equity: 0.02 (33% below median its 10-year median of 0.03)
  • GF Value™: £2.45 vs. price of £2.35 (4.1% below fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 92.9% below the Hardware median (#136 of 2230)

No single metric tells the full story. See the LSE:QTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Quartix Technologies Business Description

Address One Cambridge Square, Cambridge North, Cambridge, GBR, CB3 0AX
Quartix Technologies PLC is a supplier of subscription-based vehicle tracking systems, software and services. The Group provides an integrated tracking and telematics data analysis solution for fleets of commercial vehicles that is designed to improve productivity and lower costs by capturing, analyzing and reporting vehicle and driver data. The group's revenue by geographical markets is highest in the United Kingdom, followed by France, other European territories, and the United States of America. The features offered by the company are : Live Tracking, Trip Reports, Geofencing, Driver Behaviour and Others. The solutions offered by the company are: GPS Vehicle Tracking, Fleet Management Software, and Commercial Dashcams.
70GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£2.35
Price
£2.45
GF Value