Q/C Technologies, Inc.
QCLS Technology Computer Hardware
In the quarter to June 2026, EPS grew 95.6% and free cash flow grew 4.88%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
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Q/C Technologies, Inc. (QCLS) Altman Z-score
Q/C Technologies, Inc.'s Altman Z-score for fiscal 2018 is −19.12, in the distress zone (below 1.81).
Altman Z-score, annual
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Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2019 | −14.57 | 4.55 |
| FY2018 | −19.12 | (60,799.83) |
| FY2017 | 60780.71 | (4,140,542.14) |
| FY2016 | 4201322.86 | 1,624,723.98 |
| FY2015 | 2576598.88 | — |
How fiscal 2018’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.60 | — | 0.72 | |
| Retained earnings / total assets | (14.82) | — | −20.75 | |
| EBIT / total assets | (1.29) | — | −4.25 | |
| Market value of equity / total liabilities | 8.25 | — | 4.95 | |
| Sales / total assets | 0.21 | — | 0.21 | |
| Altman Z-score | Distress zone | −19.12 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Distress zone | −49.92 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| TACT TransAct Technologies Incorporated compare | 3.6× |
| AGMH AGM Group Holdings Inc. compare | 2.0× |
| KTCC Key Tronic Corporation compare | 1.8× |
| EBON Ebang International Holdings Inc. compare | 0.8× |
| BTCT BTC Digital Ltd. compare | −4.5× |
| SCKT Socket Mobile, Inc. compare | −5.5× |
| UAVS AGEAGLE AERIAL SYSTEMS, INC. compare | −5.7× |
| QCLS Q/C Technologies, Inc. | −14.6× |
| MCRP Micropolis AI Robotics compare | — |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets