BQE Water Balance Sheet Health
Financial Health criteria checks 5/6
BQE Water has a total shareholder equity of CA$14.4M and total debt of CA$289.1K, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are CA$18.3M and CA$3.9M respectively. BQE Water's EBIT is CA$2.0M making its interest coverage ratio -9.7. It has cash and short-term investments of CA$8.2M.
Key information
2.0%
Debt to equity ratio
CA$289.14k
Debt
Interest coverage ratio | -9.7x |
Cash | CA$8.23m |
Equity | CA$14.44m |
Total liabilities | CA$3.86m |
Total assets | CA$18.30m |
Recent financial health updates
No updates
Recent updates
BQE Water's (CVE:BQE) Earnings Are Of Questionable Quality
May 03Why Investors Shouldn't Be Surprised By BQE Water Inc.'s (CVE:BQE) 47% Share Price Surge
Apr 10BQE Water's (CVE:BQE) Returns On Capital Are Heading Higher
Mar 14Investors Will Want BQE Water's (CVE:BQE) Growth In ROCE To Persist
Sep 19Does BQE Water (CVE:BQE) Deserve A Spot On Your Watchlist?
Apr 24BQE Water's (CVE:BQE) Profits Appear To Have Quality Issues
Sep 02Here's Why I Think BQE Water (CVE:BQE) Is An Interesting Stock
Mar 24Do Its Financials Have Any Role To Play In Driving BQE Water Inc.'s (CVE:BQE) Stock Up Recently?
Feb 17Here's Why We Think BQE Water (CVE:BQE) Is Well Worth Watching
Dec 15BQE Water Inc. (CVE:BQE) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
Nov 19Financial Position Analysis
Short Term Liabilities: BQE's short term assets (CA$11.8M) exceed its short term liabilities (CA$1.9M).
Long Term Liabilities: BQE's short term assets (CA$11.8M) exceed its long term liabilities (CA$1.9M).
Debt to Equity History and Analysis
Debt Level: BQE has more cash than its total debt.
Reducing Debt: BQE's debt to equity ratio has increased from 0% to 2% over the past 5 years.
Debt Coverage: BQE's debt is well covered by operating cash flow (549.2%).
Interest Coverage: BQE earns more interest than it pays, so coverage of interest payments is not a concern.